U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New Jersey
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 11-30-2012, 08:44 AM
1 posts, read 698 times
Reputation: 10


Here is my question. Seller and realtor have 6 month contract with a clause that says anyone who is shown house buyer still owes commission if house is sold to that potential buyer within 6 months after contract ends.I get that.But what if the potential buyer saw the house within that 6 month period didnt sign to buy and was very interested contract expired then was renewed for 6 more months plus clause is that buyer still within that same contract that they saw the house or is the obligation of commission voided if the buyer decides to buy the house after the 1st 12 months from the original contract was over.Also what is the date used to be considered obligation to pay commission,date contract is signed or date buyer and seller close on home.Now the contract has expired and in 3 months the clause will expire on the buyer carryover.I know the buyer is still interested because its someone I brought to the table but niether of us can go fwd until the 3 month anyway, me because my new home wont be finished until about then and them for financial reasons.I am not trying to rip anyone off but I was the one whom brought the buyer in and I just need to know if I must wait to any certain period time still to sign.If I end up oweing comm. thats fine then I need to consider change.Hope I explained properly...thanks
Reply With Quote Quick reply to this message

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Loading data...
Based on 2000-2016 data
Loading data...

Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New Jersey
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 - Top