TRS-Coop – VIP BAY Realty

Trade Record Sheet

VIP BAY = Coop

To Submit your Trade Record Sheet when You are a Coop Buyer’s Agent, Fill in all fields Below.

VIP BAY Agent's Email

Property Address

MLS #

Agreement Date

Closing Date

Total Deposit $

Date Dropped Deposit to LB

Sold Price = S

Lawyer's Info is Mandatory by RECO, except Rentals. For Rentals, enter: Name=Rental , Tel/Fax=000 , email=Admin@VipBayRealty.com

⚠️ Ensure Listing Brokerage Email is Correct to Send Commission Statement.⚠️

⚠️ Incorrect info = No Statement Sent = $75 Extra Resubmission Fee. ⚠️

Buyer's Name

Buyer's Lawyer Name

Buyer's Lawyer Tel

Buyer's Lawyer Fax

Buyer's Lawyer Email

Seller's Name

Seller's Lawyer Name

Seller's Lawyer Tel

Seller's Lawyer Fax

Seller's Lawyer Email

LB Office Name

LB Office Address

LB Agent Name(s)

LB Tel

LB Fax

LB Email

Lawyer's Info is Mandatory by RECO, except Rentals. For Rentals, enter: Name=Rental , Tel/Fax= , email=Admin@VipBayRealty.com

⚠️ Ensure Listing Brokerage Email is Correct to Send Commission Statement.⚠️

⚠️ Incorrect info = No Statement Sent = $75 Extra Resubmission Fee. ⚠️

Coop Agent Name 1

Coop Comm % = P1

Coop Comm +/- = E1

Coop Comm $ = D1 = S*P1/100 + E1

Coop Comm HST = H1 = D1*0.13

Coop Comm Total = T1 = D1 + H1

2nd Coop Agent Name ( If Any )

Coop Comm % = P2

Coop Comm +/- = E2

Coop Comm $ = D2 = S*P2/100 + E2

Coop Comm HST = H2 = D2*0.13

Coop Comm Total = T2 = D2 + H2

Invoice to LB for Total Comm of

1. Legal Name Confirmation

✅ I, [field id="V1_Coop1"], confirm that the legal names listed above are accurate and should be used for issuing payments by cheque, EFT, or any other payment method.*

2. Numbers & Calculations Confirmation

✅ I, [field id="V1_Coop1"], confirm that all numbers and calculations provided above are accurate.*

3. General Information Confirmation

✅ I, [field id="V1_Coop1"], confirm that all information provided above is true and correct.*

4. Office Fees Deduction Authorization

✅ I, [field id="V1_Coop1"], acknowledge that my office fees, transaction fees, and monthly fees will be deducted from my total receivable commission.*

5. TRREB/RECO Responsibility & Deduction Authorization

✅ I, [field id="V1_Coop1"], acknowledge that for all my Real Estate Transactions, I am solely Responsible for any TRREB or RECO issues, violations, or complaints. I agree to Pay all related Fines, Penalties, and Legal fees, and I authorize the office to Deduct these amounts, including a $75 administrative fee, from my total Receivable Commission.*

6. Incorrect Info or Email → Incorrect Commission Statement → $75 Resubmission Fee

✅ I, [field id="V1_Coop1"], understand that if any information or email address provided is incorrect, the Commission Statement ( Invoice ) will Not be Sent Correctly. In such cases, the form Must be Resubmitted, and a $75 Resubmission fee will be Deducted from my total Receivable Commission.*

Trade Record Sheet

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