With whom can a broker share a commission?

In the context of real estate commissions, brokers are typically allowed to share commissions with other brokers and licensed salespersons. This collaboration is common within the industry and is usually facilitated through agreements such as listing agreements or broker cooperation agreements. When two brokers work together to close a transaction, they can split the commission as stipulated in their respective agreements.

The concept of sharing commissions is governed by state regulations and agreements, which require that anyone receiving a portion of a commission must be licensed to ensure compliance with real estate laws. This ensures that all parties involved are recognized professionals who are accountable to regulatory standards.

The choice indicating personal contacts and unlicensed individuals does not align with the legal requirements in real estate transactions, as they cannot receive commissions. The option related to any real estate agent is too broad, as it does not specify that those agents must be licensed or associated with the same brokerage in a way that permits commission sharing. Therefore, the correct understanding is that the broker can share a commission with another broker or a licensed salesperson associated with that broker, ensuring that proper legal protocols are followed.