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Free Books / Real Estate / American Law Of Real Estate Agency / |  |
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Sec. 148. Broker Failing To Sell, And Owner By Reducing Price Selling To Customer, Not Entitled To Commissions |
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Where a broker's efforts to procure a purchaser fail, because of the purchaser's refusal to purchase on the terms fixed by the broker, and the negotiations between them are broken, the fact that the owner subsequently negotiated with the customer and effected a sale to him in consequence of modifying the terms thereof, does not entitle the broker to commissions. Schaue v. Storch, 107 N. Y. S. 26, 56 Misc. 484. See also Sec. 447.
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