MLS#______________ PROPERTY ADDRESS___________________________
ADDENDUM TO NJMLS
REAL ESTATE LISTING/COMMISSION AGREEMENT
COMMISSION SPLITS
LISTING BROKERS USUALLY COOPERATE WITH OTHER BROKERAGE FIRMS BY
SHARING INFORMATION ABOUT THEIR LISTING AND OFFERING TO PAY PART OF
THEIR COMMISSION TO THE FIRM THAT PRODUCES A BUYER. THIS IS
GENERALLY REFFERED TO AS THE “COMMISSION SPLIT.”
SOME LISTING BROKERS OFFER TO PAY COMMISSION SPLITS OF A PORTION OF
THE GROSS COMMISSION, USUALLY EXPRESSED AS A PERCENTAGE OF THE
SELLING PRICE, LESS A SIGNIFICANT DOLLAR AMOUNT. OTHER LISTING
BROKERS OFFER A PORTION OF THE GROSS COMMISSION LESS ONLY A MINIMAL
LISTING FEE OR LESS ZERO.
THE AMOUNT OF COMMISSION SPLIT YOUR BROKER OFFERS CAN AFFECT THE
EXTENT TO WHICH YOUR PROPERTY IS EXPOSED TO PROSPECTIVE BUYERS
WORKING WITH LICENSEES FROM OTHER BROKERAGE FIRMS.
ON THIS LISTING, THE BROKER IS OFFERING A COMMISSION SPLIT OF
MINUS TO POTENTIAL COOPERATING BROKERS.
IF YOU FEEL THAT THIS MAY RESULT IN YOUR PROPERTY RECEIVING LESS THAN
MAXIMUM EXPOSURE TO BUYERS, YOU SHOULD DISCUSS THOSE CONCERNS
WITH THE LISTING SALESPERSON OR HIS/HER SUPERVISING BROKER.
BY SIGNING THIS LISTING AGREEMENT, THE OWNER(S) ACKNOWLEDGE HAVING
READ THIS STATEMENT ON COMMISSION SPLITS.
Sales Associate _____________________________________________ Owner Signature ___________________________________________________
Broker/Manager Signature ____________________________________ Owner Signature____________________________________________________
Print Owner Name __________________________________________ Owner Phone # _____________________Realtor Ph#______________________
Print Owner Name ___________________________________________ Date________________ New Jersey Multiple Listing Services, Inc.
Information herein deemed reliable but not guaranteed. 160 Terrace St., PO Box U, Haworth, NJ 07641
White Copy - Realtor Yellow Copy - Owner Mail or Fax a Copy to the NJMLS Within 24 Hours of List Date
Revised 07/2001 FAX NUMBER: 201-387-2535
