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

User Aaronrussell
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4 votes

Answer:

The correct answer is - No,

Step-by-step 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.

User Trystan Spangler
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