Saturday, October 29, 2005

Estate Agents Right to Claim Commission


The Court of Appeal of the Supreme Court Victoria determined in favour of a real estate agent to claim a commission of $16,650.

The case involved the agent procuring an offer from a buyer for $450,000, in accordance to the Authority, but the Vendor refused to accept the offer. No contract resulted.

The REIV Authority was endorsed with

"NO SALE NO CHARGE" and
"NO SALE - NO CHARGE FOR CONVEYANCING."

Question. Was the agent entitled to his commission?



A summary of the case can be found here Moustafa

The full text of Court of Appeal case of Real Estate City vs Moustafa 2005 can be found here

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