EstatePass
Pa Licensing Requirements CeReciprocity_paMEDIUM

A PA-licensed agent lists a property near the Delaware border. A licensed Delaware agent brings a buyer for the property. Under cooperative brokerage practices, how should the commission be handled?

Correct Answer

C) The PA listing broker pays the cooperating commission to the DE broker, who pays the DE agent

In a cooperative transaction, the PA listing broker pays the cooperating commission to the Delaware broker (broker-to-broker), who then pays the Delaware agent. Commission must flow through licensed brokers in both states.

Answer Options
A
The DE agent must obtain a PA license before receiving any commission
B
The buyer must pay the DE agent separately because the property is in PA
C
The PA listing broker pays the cooperating commission to the DE broker, who pays the DE agent
D
The PA listing broker pays the DE agent directly

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Pa Licensing Requirements Ce Question

Sign up free to unlock full analysis

Background Knowledge for Pa Licensing Requirements Ce

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Pa Licensing Requirements Ce

Sign up free to unlock full analysis

Common Mistakes to Avoid on Pa Licensing Requirements Ce Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

cooperative_commissionbroker_to_brokerDelawareinterstate_transaction
Was this explanation helpful?

More Pa Licensing Requirements Ce Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing