A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p

Question

scZoUnD [109]

3 years ago

13

A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p

roduced a buyer who offered a full price 100% cash offer. Would the broker be due a commission?

Business

1 answer:

Mashutka [201] · Answer 1 · 2022-05-07T13:24:03+03:00

Answer:

The correct answer is - No,

Explanation:

The correct answer is - No,

The answer is no because the broker brings a buyer who is ready to give 1005 cash offer which is against the legal agreement defined by the owner. owner state that he is only taking a 25% cash offer.

Therefore the owner wouldn't consider the broker and didn't due broker commission.