Real Estate Law
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Can you clarify something for me? When you say "the home sold," I'm presuming that you mean that you had a contract to sell it, but then the buyer did not actually close the sale....is that correct? Thank you!
I just wanted to let you know that I will be away at a meeting for the next hour or so. Should you follow up while I’m away, I will address it immediately upon my return. Thank you in advance for your patience. I apologize for any inconvenience.
Thanks for following up and your patience! Your real estate agent is in dream land. Agents are entitled to a commission under 2 circumstances depending upon the listing contract....either when the transaction closes or in the instance where the agent finds a willing and able buyer and the seller fails to close. Neither of these instances exist in your situation and as a result the agent is not entitled to anything. Here, the buyer is in default and the seller (NOT the agent) is entitled to the earnest money.
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