How do I find co-op opportunities?
Some properties offer a broker cooperation fee for brokers representing buyers on a given transaction. As long as your client is the winning buyer and the transaction closes, you’ll be eligible to receive payment.
Broker Cooperation Fee
Note that broker cooperation fees may vary and are specific to individual properties – view the property details page for specific details. LoopNet does not act as a traditional selling broker, and thus we do not receive a cut of the commission from the seller. This allows brokers to keep 100% of the commission offered for each property.
Brokers representing a buyer must have an account and register for the appropriate property, and your client must identify as you their broker. You must also be licensed in the state where the property is located for commission to be received.
Finding Available Co-ops
To find available co-op properties, select the “Broker Co-op Available” filter on the search results page.
A badge highlighting the co-op will also appear on each applicable property’s listing details page.
If no properties with co-ops are available, you can save your search to be alerted any time new properties with co-ops available are added to the platform. Just click the “Save Search” button (you must have a LoopNet account and be logged in to save a search)