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A "cooperating" real estate firm is simply a competing real estate company that works with -- cooperates with -- another company.

For example, Sunnyside Real Estate has a house for sale, and True Blue Agency is working with a buyer who is looking for a house to buy. The buyer is interested in the house at Sunnyside. An agent at True Blue shows the house to the buyer and the buyer makes an offer to buy. Sunnyside presents the offer to the seller. Sunnyside and True Blue are "cooperating" with each other to the benefit of their customer/client.

Note that cooperation does not automatically include compensation. The firms should first come to a mutually agreeable compensation arrangement prior to showing.

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