Occasionally, you will have two clients with properties that are ideal matches. Each client expects a fiduciary relationship only with him. This states that both parties are aware that you are representing both and they agree to this. However, occasionally Exchangors get into a situation where one side receives a larger commission than the other. Pool and Split becomes an issue.
Brokers discuss the commissions and negotiate a split agreement.
It keeps things nice and clean. Some will be directly connected with exchanging. Others are people who help us close transactions or have a special niche they fill. Check them out on my First Stop page.