Quote:
Originally Posted by Leeward III
We are considering the purchase of a boat, that the contract between the seller and the broker has expired. That document stipulates that the broker is entitled to his commission for a sale up to 2 years. Any ways around that or should we consult an attorney?
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It is not uncommon for a contract between a broker and a seller to state that if the seller sells to a person
who was shown the boat by the broker during the listing period, the broker is due a commission for a specified time period, generally no more than 6 months.
HOWEVER, Any agreement between the seller and broker is just that, between the seller and the broker. That said, if the seller is being told that by the broker, I believe he's being taken for a ride. If the agreement actually states that, then the broker is . . . . somewhat less than professional, shall we say.
Bottom line, YOU, the perspective buyer are not bound by any agreement between the seller and the broker.