A broker moves his office without telling the FREC where he is moving. Two weeks later, a seller comes in and lists his property

Question

3 years ago

14

A broker moves his office without telling the FREC where he is moving. Two weeks later, a seller comes in and lists his property

. The property sells, but the seller is most unhappy with the way the broker performed. The seller refuses to pay a commission to the broker. Can the seller do this?

Business

1 answer:

FrozenT [24] · Answer 1 · 2022-07-23T08:31:33+03:00

Answer:

Yes

Explanation:

In this specific scenario, it can be said that Yes the seller can refuse to pay the broker a commission. This is because the broker's license ceases to be in force when the broker changes his address without notifying the FREC within 10 days. Therefore, since the broker moved and did not notify the FREC where he moved to, and did not register his new address then the seller is within his rights to refuse payment to the broker.