Posts Tagged ‘broker’
Buyer Not Required to Hold Harmless, Indemnify Brokers
Question: In a recent column you said that real estate brokers, just like doctors and lawyers, cannot require a client to waive in advance a negligence claim against their real estate broker. I am a real estate lawyer and I disagree with you. The Arizona Court of Appeals has approved a limitation in a surveyor’s…Read More
Is Commission Owed if Offers Are Refused?
Question: We listed our home in Gilbert for $280,000 after our listing broker told us that $280,000 would be a fair price. Within three days we had seven offers on the home, including two offers for more than $280,000. We were confused and upset, so we refused all of the offers. We no longer trust…Read More
Contract on Wrong Home Can Be Canceled
Question: In a large Chandler subdivision, we were shown several houses that had all been re-possessed by a major bank after foreclosure. We decided to make an offer on one of the houses, and we signed the contract prepared by our real-estate agent. A few days after escrow was opened, however, we attempted to meet…Read More