Quote:
Originally Posted by Mustang
If you were going through a broker and said they would be putting through papers for an offer and the next day someone else came in and made an offer with papers you wouldn't say well, I told the first guy I'd accept his offer.. no, you'd take the offer that was signed.
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But the broker wouldn't make such a definitive verbal agreement to sell, I wouldn't think. What happened here was really more than just an offer. It was an agreement. If it was anything but real estate, it would be a perfectly valid and binding oral contract.
But ya, I can still see being a d-bag for that kind of money. I guess. As long as you're not in some kind of local business community where reputation matters.