Common Contracts
1 similar Broker Fee Agreement contracts
TRIO BROKER FEE AGREEMENTBroker Fee Agreement • December 22nd, 2021
For every Trio transaction, one of Trio’s designated holding companies is the buyer, and Trio Residential, LLC is the representing and referring broker of record. Brokers and their Agents participating with Trio acknowledge and understand that Trio Residential is the referring broker and Procuring Cause. Brokers and their agents further understand that individual customers are not purchasing homes directly, rather Trio is the buyer through one of its procured designated holding companies. Agents affiliated with the Broker that have been trained in the Trio program and that pass the required exam will receive the designation of Trio Preferred Agent (“TPA”), providing the opportunity for reduced referral fees. For representing Trio and its designated holding company on a transaction, Agents/Brokers receive negotiated commissions for the closing less a transaction referral fee paid to Trio Residential as noted below.
