Is cooperating agent compensation (commission) fixed?

No.  By law cooperating agent compensation (commission) is negotiable and not fixed by any state or federal law.

However, please note with regard to our Listing Agreement (Sale):

• As a business decision, Be Happy! Realty elects not to contract with you (the Seller), if you elect to offer cooperating agent compensation, which is lower than 1% (of the sale price)
• You may elect to offer cooperating agent compensation, in the form of a “flat dollar amount” rather than a “percentage of the sale price” 
• Be Happy! Realty recommends that you elect a “percentage of the sale price” because a “flat dollar amount” is a rarity with residential real estate (more common with commercial real estate)
• If you elect to offer cooperating agent compensation, in the form of a “flat dollar amount”, the “flat dollar amount" must be equal to or greater than 1% of the subject real property List Price; or, as a business decision, Be Happy! Realty will elect not to contract with you

However, please note with regard to our Listing Agreement (Rent):

• As a business decision, Be Happy! Realty elects not to contract with you (the Landlord), if you elect to offer cooperating agent compensation, which is lower than 25% (of the first, full month lease rate)
• You may elect to offer cooperating agent compensation, in the form of a “flat dollar amount” rather than a “percentage of the first, full month lease rate” 
• Be Happy! Realty recommends that you elect a “percentage of the first, full month lease rate” because a “flat dollar amount” is a rarity with residential real estate (more common with commercial real estate) 
• If you elect to offer cooperating agent compensation, in the form of a “flat dollar amount”, the “flat dollar amount" must be equal to or greater than 25% of the subject real property “Monthly Lease Rate”; or, as a business decision, Be Happy! Realty will elect not to contract with you.