Question :
I had been approached by a friend in real estate to sell my home. Finally I agree to let her sell if she can get the much needed amount. I never signed a contract for her to list my home, she didn't put a sign in the yard, didn't run an ad and didn't know any specifics about the house so therefore when she brought the two individual prospects I would show it. To make a long story short the 2nd person made a low offer that I could take if I tied up on the real estate end. I offered them $1000 for the contact, they would not accept, and actually tried to have the buyer go up $4000 to satisfy their commission. I ran the ad myself and the same buyer bought my home. Needless to say my friend isn't speaking to me and her boss is threatening to sue on grounds of a verbal contract.
Answer By William Bronchick:
Whether verbal or not, an unlicensed person acting as a real estate agent cannot enforce a listing agreement. Thus, the ex-friend has no grounds to sue you.
Disclaimer: The foregoing is not intended to be given as legal, financial or tax advice, but intended for instructional use only. If you require legal, financial or tax advice you should seek the assistance of a qualified professional.
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