Broker not doing her job, finding my own tenant
Started by nycred
over 13 years ago
Posts: 0
Member since: Apr 2013
Discussion about
I own a co-op and I hired a broker to get it rented out. I don't feel like she is doing her job. As such, I found my own tenant. I never signed anything with the broker, am I liable to pay her commission? FYI, this tenant is out of state, through my own network and did not even know of the broker's listing.
What does your agreement say?
From just what you mention, it sounds as if you don't owe her anything.
You have an oral contract with her. What was said? You are more than likely off hook.
I thought brokers get paid all the time for not doing anything. What am I missing here?
Gcondo, clearly the fact pattern is not correct.
NYCRED, is that the whole fact pattern?
if you never signed anything, then you had an unofficial open listing, and that means you dont owe the broker anything, unless you verbally or in writing told them I will pay you even if i procure my own tenant.
But the job of a rental agent IS to do nothing. So why are you disappointed?
Without a signed exclusive right to sell contract, you shouldn't have to pay the broker.
My mistake, not a "right to sell" agreement. Thought it was a sale.
Just tell the agent what happened and wish her a nice day.