The High Road: Seller scofflaws walk free

(Flickr photo by Jeremy Brooks)

Every contract that I have seen for an exclusive listing requires the seller to pay the commission if a ready, willing and able buyer makes an offer to purchase the property.  And there is case law supporting the obligation.

I’m prompted to write this post after chatting with another broker, “Sandy,” who talked about the prospect of being stiffed by property owners who, it seems, merely want to test the market by listing an apartment for sale or, more benignly, have a change of heart.

She mentioned the situation of a growing family