Ken Lam Realty · Tools · T420

ACS: how two agents split a commission

A paper two agents sign so they agree up front: who gets what share of the pay, who covers costs, and whose clients are whose if they split up.

4 pagesSigned by 2 agents + broker(s)When two agents team up

What does this form say to me?

Type one deal. The split updates as you type. The form splits the gross pay between the two agents first, then each agent splits with their own broker (para 4).

Sale price

Your side's commission

Whose client is it?

We checked the box for a different split (4A or 4B), not 50/50

AL1 keeps after own broker

AL2 keeps after own broker

Your split with your broker comes from your own broker agreement, not from the ACS. Put 100% if you keep it all.

Shared costs AL1 paid

Shared costs AL2 paid

TC / assistant pay

TC works for

We checked the box to split TC pay by the commission ratio (5E)

Date of a shared cost

Date written notice to end was given

Take-home after broker, costs and TC

$0 AL1
$0 AL2

Defaults used: 50/50 split (4A, 4B), costs at the same ratio (5A), TC split equally if it works for both, paid by that agent if it works for one (5E). If you checked other boxes, change the inputs.

Your rights and duties

Each agent's rights

Each agent's duties

Read it paragraph by paragraph

What people get wrong

True or false? Tap to see the answer.

Next steps

Write Exhibit 1 and Exhibit 2 in full, with dates, before you sign.
Fill in the referral % in 7B and 7C. The form leaves them blank.
Different brokers? Get both brokers to sign before the first deal (15C). See every form in the forms library (T402).

45-second video

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