With a brokerage agreement, you (either a broker or a client) can set the broker`s payment terms for its services. In this case, a broker is someone who has knowledge and contacts in a given field that can facilitate the connection of one company or person to another. Regardless of the party you represent, you can use a broker agreement to indicate the amount paid by the broker for a successful introduction or conclusion. You can`t make a contract for a broker to do something illegal) and some broad categories, like for example.B. contracts for something more like a business partnership than a brokerage/client relationship, but individual national laws may govern the interpretation of the contract in the event of a dispute. In addition, national and sectoral legislation governs the licensing and qualification of brokers in specialised sectors. For example, the vast majority of states in the real estate industry stipulate that a licensed broker cannot pay an unlicensed real estate agent. In the insurance industry, some states do not allow Finder`s Fees. In these areas, it is important to understand the requirements and laws surrounding Finder`s Fees. Consider consulting an expert if you work in one of these specialized sectors. .