REAL ESTATE BROKER COMMISSION - Posted by S. LEE

Posted by John Merchant on October 27, 2006 at 18:36:01:

Are you aware that use of ALL CAPS is equivolent to YELLING ?

The law is normally antagonistic towards open ended or never ending commission agreements and I’d see a lawyer to get some advice on what your REB has, and what your rights are.

A friend of mine signed a really tough listing agreement and finally had to go to court to break that strangle-hold but did so. The judge ruled that the LA was illegal in that it wasn’t for a clear-cut length of time and exceeded what the law said was fair.

So see your lawyer.

REAL ESTATE BROKER COMMISSION - Posted by S. LEE

Posted by S. LEE on September 26, 2006 at 13:16:52:

IS A RE BROKER ENTITLED TO A COMMISSION WHEN THE BROKER HAD NOTHING TO DO WITH A PURCHASE OF A PROPERTY EVEN THOUGH A BROKERS AGREEMENT WAS SIGNED - OPEN ENDED - NO SPECIFIC PROPERTY INDICATED.