Collaborating with fellow real estate advisors can indeed be a strategic approach for facilitating successful property transactions. One effective strategy is the adoption of a “50/50 commission” arrangement. In this setup, one advisor represents the seller, while the other takes on the role of representing the buyer. Consequently, both parties mutually agree to evenly split the commission generated from the sale. This collaborative method not only fosters teamwork but also significantly enhances the potential for effectively closing deals.
In this article, we’ll dive into how this collaborative dynamic works in Costa Rica, along with insights from our advisors in the Grecia team.
How does the 50/50 commission work?
When two real estate advisors team up for a property deal, they establish a collaborative agreement that specifically outlines the terms of their partnership. Each advisor correspondingly serves a distinct client: one works with the seller to market and facilitate the property’s sale, while the other represents the buyer, offering assistance in the process of searching and negotiating.
Upon the completion of the transaction, the generated commission is evenly shared between the involved advisors.
Benefits for Clients
Opting for a shared commission between two real estate advisors ensures not only a combined effort but also a network of multiplied knowledge and skills. This collaboration not only lightens the workload but also provides our clients with the expertise of two professionals working tirelessly to ensure exceptional results at every stage of the process.
Eloy Suárez , Nativu Grecia Advisor
