Does it Take a Matching Offer, a Signed Contract, or a Complete Closing Before a Cooperating Broker Earns its Commission?
4 Pages Posted: 21 Jun 2012
Date Written: June 21, 2012
A recent California decision suggests that the rule that a broker earns its commission when it procures a purchaser whose offer matches the seller’s asking price may be changing.
Keywords: Realpro v. Smith Residual, broker commission, matching offer
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