Charles B. Webster Real Estate v. Rickard

Opinion

FRANSON, J. *

On May 26, 1967, Dr. Moore and his wife executed an “exclusive authorization and right to sell” listing with the Warde D. Watson Realty Co., giving the broker an exclusive and irrevocable right to sell a 156-acre vineyard at a stated price of $234,000, for a term ending on December 31, 1968. The agreement was on the standard form of the California Real Estate Association. The agreed commission was to be 5 percent of the selling price, to be paid to the broker if the property were sold during the term of the listing, or any extension thereof, by the broker, by the owner, by…