1,580,735
I saw my first one a month or so ago when an agent on a team brought a buyer to one of my listings. It's primarily so the person running the team, John Doe of "The John Doe Team" for example, gets the credit for the transaction.
I don't work on a team, so that one example is all I have for you. Sorry. It's not a mandatory form as far as CAR is concerned, but you can bet your paycheck that your team lead will make it mandatory!
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Kathleen Daniels, Prob...
San Jose, CA
3,528,694
It is not mandatory ... but like Ryan Huggins - Thousand Oaks, CA mentions ... if you want to confirm ... call CAR legal to verify ... and get legal imput.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
8,568,978
5,323,824
I have never seen this form used, but as you know the form here in CA is for either buyers or sellers
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Kathleen Daniels, Prob...
San Jose, CA
7,092,538
1,786,984
3,076,632
4,434,327
634,582
5,618,061
1,292,505
Commission split. An addendum is just as good ractified by all parties.