A Confirmation of Cooperation and Representation (Form 320) clarifies who each realtor represents and how commissions are shared in a Toronto real estate transaction.
In Ontario, transparency is a legal and practical necessity in real estate. The Confirmation of Cooperation and Representation (Form 320) is a standard document presented to buyers and sellers prior to the signing of an offer. Its purpose is to outline the working relationships between all parties and their real estate teams, ensuring there is no ambiguity about representation or financial arrangements.
What The Confirmation of Cooperation Form Covers:
Representation
The form specifies whether the realtor is acting for the buyer, the seller, or both (known as multiple representation). In a city like Toronto, where bidding wars, bully offers, and competing buyer pools are common, this clarity helps prevent conflicts of interest.
Acknowledgement
By signing, both parties acknowledge and consent to the arrangement. This creates a written record that ensures everyone understands their respective roles before negotiations begin.
Commission Breakdown
The form details how commissions will be distributed between the listing team and the cooperating buyer’s team. For instance, on a $1.5M East End detached property, a typical 5% commission would be divided into 2.5% for the listing team and 2.5% for the buyer’s team, plus HST.
Why It Matters In Toronto
With condos averaging around $700,000 and detached homes often trading for over $2 million in prime neighbourhoods like The Annex or Rosedale (TRREB, 2025), it’s critical to document representation clearly. In fast-moving markets, buyers and sellers may interact with multiple agents across different teams. This form removes uncertainty and helps prevent disputes about who represents whom and how compensation is handled.
Fox Marin’s Perspective
The Fox Marin Real Estate Team views the Confirmation of Cooperation as more than paperwork, it is a safeguard for clients navigating high-stakes Toronto transactions. The team carefully reviews this form with sellers, explains potential scenarios such as multiple representation, and clarifies how commissions are shared between brokerages. With over 1,000 successful transactions and $580M+ in sales volume, Fox Marin emphasizes clarity and accountability as cornerstones of their client service. Their structured approach ensures sellers are fully informed, negotiations remain transparent, and every transaction is handled with professionalism from start to finish.
Key takeaway: The Confirmation of Cooperation form documents who each realtor represents and how commissions are shared, protecting both buyers and sellers in Toronto transactions.
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