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Co Broker Agreement
1. Parties: Identification of the cooperating brokers, including their business registration numbers and license details
2. Background: Context of the agreement and the brokers' intention to cooperate
3. Definitions: Key terms used throughout the agreement, including technical and industry-specific terminology
4. Scope of Cooperation: Defines the nature and extent of the co-broking relationship
5. Territory and Exclusivity: Geographical areas covered and any exclusivity arrangements
6. Commission Structure: Details of commission sharing, calculation methods, and payment terms
7. Responsibilities and Obligations: Specific duties of each broker, including client handling and property marketing
8. Marketing and Branding: Guidelines for joint marketing efforts and use of respective brands
9. Confidentiality: Protection of sensitive information and client data
10. Data Protection: GDPR compliance measures and data sharing protocols
11. Term and Termination: Duration of the agreement and conditions for termination
12. Governing Law and Jurisdiction: Confirmation of Danish law application and dispute resolution procedures
1. Non-Compete Clause: Restrictions on competing activities, used when brokers want to protect their market interests
2. Specialized Property Types: Specific provisions for handling particular property categories (commercial, luxury, etc.)
3. International Cooperation: Additional terms for cross-border transactions and international client handling
4. Training and Support: Provisions for shared training programs and mutual support services
5. Insurance Requirements: Specific insurance obligations beyond statutory requirements
6. Marketing Budget: Terms for shared marketing expenses and budget allocation
7. Online Platform Integration: Terms for sharing and managing listings on digital platforms
8. Referral System: Detailed process for client referrals and associated compensation
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods for different property types
2. Schedule 2 - Territory Map: Detailed mapping of geographical territories and any overlap zones
3. Schedule 3 - Marketing Guidelines: Specific requirements for co-branded marketing materials and campaigns
4. Schedule 4 - Required Documentation: List of mandatory documents and forms for property transactions
5. Schedule 5 - Contact Points: Key personnel and escalation procedures for both parties
6. Appendix A - Data Processing Agreement: Detailed GDPR-compliant data processing terms
7. Appendix B - Service Level Agreement: Performance metrics and response time requirements
8. Appendix C - Compliance Checklist: Anti-money laundering and regulatory compliance requirements
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