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Updated almost 11 years ago on . Most recent reply

Lease Option: Owner of a broker-listed home
I've been reading lots of LO posts and have seen people saying that they farm from MLS-listed properties. I'm confused.
Let's say a homeowner has listed their home with a real estate broker. The broker is not producing a buyer, so the owner also wants to work with me to find a Tenant-Buyer willing to LO their home. If I successfully find them a qualified TB prior to the broker bringing a buyer, will they still be obligated to pay the broker a commission? Most listing contracts specify that the owner owes a commission even if they sell the house themselves. Please explain why or why not. Thanks!