| DATE: |
08/09/01 |
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|---|---|---|---|---|
| SUBJECT/TOPIC: |
COMMISSIONS | |||
| Q: | Just became aware of you site. I couldn't stop
reading. Question? A real estate agent has a
seller sign a one-time exclusive listing with
Real Estate Co. X for a term of a 12 month period
and never notified seller of any other
communications with the person listed as the
potential buyer. Two months past the expiration
date seller sells to the named person on the
one-time listing. Seller used another Real Estate
Co. Y to sign as the listing company on the day of
closing - with no commission due or payable.
Does Real Estate Co. X have any claims for their
previous contracted listing, since there wasn't a
carryover period? If so, any case to support? |
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| A: | Thanks for the good word about the site. As to
your question, it seems to me that if the deal was
actually cut during the 12 month period and the
seller and buyer just delayed the closing in order
to deprive the broker of her commission, then she
should be able to recover. It strikes me, however,
that proving her case could be difficult. |
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