13-Mar-2009

It depends on how the listing agreement reads. In Trezevant Realty Corporation v. Threlkeld, (Tenn. App., 2008) the Court did not allow a listing real estate agent to recover a commission from the property owners even though he brought an offer to the table. The listing agreement was interpreted as giving the owners the right to approve the sales contract. In this case, the owners claim that they did not approve the sales contract.

Stay tuned next week for more information on why the agent was not allowed to recover a commission.