State Codes and Statutes
Statutes > Missouri > T22 > C339 > 339_800Compensation of designated broker, paid by whom, sharingcompensation--payment establishing agency--agreement by selleror buyer on sharing compensation.
339.800. 1. In any real estate transaction, the designated broker'scompensation may be paid by the seller, the landlord, the buyer, thetenant, or a third party or by sharing the compensation between designatedbrokers.
2. Payment of compensation by itself shall not establish an agencyrelationship or transaction brokerage relationship between the party whopaid the compensation and the designated broker or any affiliated licensee.
3. A seller or landlord may agree that a designated broker may sharewith another designated broker the compensation paid by the seller orlandlord.
4. A buyer or tenant may agree that a designated broker may sharewith another designated broker the compensation paid by the buyer ortenant.
5. A designated broker may be compensated by more than one party forservices in a transaction with the knowledge of all the parties at orbefore the time of entering into a written contract to buy, sell, or lease.
6. Nothing contained in this section shall relieve the licensee fromthe requirement of obtaining a written agreement for brokerage services orother written agreement addressing compensation.
(L. 1996 S.B. 664 § 10, A.L. 1998 H.B. 1601, et al., A.L. 2004 H.B. 985)
