Oct

    Professors' Corner: Real Estate Brokers and the Right to Commission

    12:30 PM GMT

    Professors’ Corner

     

    A FREE monthly webinar featuring a panel of law professors,

    addressing topics of interest to practitioners of real estate and trusts/estates

     

    Sponsored by the Legal Education and Uniform Laws Group, ABA Real Property, Trust and Estate Law Section

     

    Wednesday, October 8, 2014

    11:30 am Central/12:30pm Eastern

    “Real Estate Brokers and the Right to Commission”

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    Speakers:

    • Dale A. Whitman, James E Campbell Missouri Endowed Professor Emeritus, University of Missouri & Visiting Professor, SMU Dedman School of Law
    • Roger Bernhardt, Professor of Law, Golden Gate University School of Law

    What does it take to earn a real estate commission? From a real estate broker’s viewpoint, it’s all-important to earn a commission. But there are significant steps that the broker must take in order to have a legal right to a commission. Among the interesting issues to be discussed in this program are:

    • Is a real estate license necessary? What about lawyers who claim commissions?
    • Is a written listing agreement needed? Who must sign it?
    • Does the traditional “buyer ready willing, and able” standard still apply?
    • Suppose the buyer’s offer is conditional, and the condition is never met?
    • What if the agreement provides that a commission is payable only upon closing?
    • In the latter case, can the seller avoid a commission by rejecting a full-price offer?
    • When can a seller cancel or terminate a listing?
    • Can a commission be earned even after the listing has expired?
    • What are the rights of a cooperating (“selling”) broker to a commission?

    Event Details

    Format

    Web

    Date

    Oct 08, 2014

    2014-10-08T12:30:00 2014-10-08T13:30:00 Professors' Corner: Real Estate Brokers and the Right to Commission

    Professors’ Corner

     

    A FREE monthly webinar featuring a panel of law professors,

    addressing topics of interest to practitioners of real estate and trusts/estates

     

    Sponsored by the Legal Education and Uniform Laws Group, ABA Real Property, Trust and Estate Law Section

     

    Wednesday, October 8, 2014

    11:30 am Central/12:30pm Eastern

    “Real Estate Brokers and the Right to Commission”

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