Edward H. Snow Development Company v. Oxsheer

KIKER, Justice.

Mrs. Oxsheer was the owner of about 40 acres of land in the Heights area of Albuquerque. A real estate agent asked her for an exclusive listing, saying he thought he could get a buyer. She gave him the listing. The same day he returned with an offer of $50,000 which she refused. A binder was drawn up — by whom and to what extent was disputed, but it appears to be immaterial — in the amount of $60,-000. This was taken by the real estate agent to Edward H. Snow, head of a construction and development company, and Snow agreed to the price of $60,000. The binder read: “1000 for 90…