Agency
What is the term 'cooperating broker' in Nevada MLS practice?
AA broker who cooperates with NRED investigations
BA broker (other than the listing broker) who brings the buyer and works cooperatively with the listing broker to complete the transaction, typically sharing the commission✓ Correct
CTwo brokers who share a physical office location
DA broker who cooperates with the lender on a difficult transaction
Explanation
A cooperating broker (often called the selling broker or buyer's agent) is a broker who works with the listing broker to complete a transaction. In MLS transactions, the listing broker offers a portion of the commission to the cooperating broker who procures the buyer.
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