Legal Question in Real Estate Law in Ohio
real estate
If a potential buyer for our home visited while we were under contract with an agent, but they were not in a position to buy, and did not sign a contract, am I obligated to pay a real estate commission if within 120 days of the termination of the contract?
Asked on 2/19/07, 6:07 pm
1 Answer from Attorneys
Robert Rosplock
Rosplock & Perez
Re: real estate
Your listing agreement controls your obligation. Normally, the terms of a listing agreement require all prospects during the listing period to be referred to the realtor. If those are the terms of your listing, you owe the commission.
Answered on 2/19/07, 11:15 pm