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View Full Version : Binding real estate broker contract


Rickey18
Nov 21, 2013, 04:40 PM
Is a real estate broker contract binding if not signed by all sellers of the property

AK lawyer
Nov 21, 2013, 05:53 PM
Broker contracts normally provide that if the property is sold the broker gets a commission. So all of the owners would have to agree to the sale. If they do, the chances are good that the broker will be entitled to the commission, by agency theory: the other owners being agents of the owners who did sign the contract.