Document background
The Commission Sharing Agreement (Real Estate) is essential for property service providers in Ireland who wish to formally establish arrangements for sharing commission on real estate transactions. This document is typically used when multiple agents or brokers collaborate on property sales or lettings, ensuring clear terms for commission division and compliance with Irish regulations. It addresses requirements under the Property Services (Regulation) Act 2011 and PSRA guidelines, including necessary licensing details, professional standards, and consumer protection measures. The agreement is particularly relevant for cross-agency collaborations, referral arrangements, and co-broking situations in the Irish property market, providing a structured framework for professional cooperation while maintaining regulatory compliance.
