Landrum v. Lipscomb-Ellis Co.

1. Where property is placed in the hands of a real-estate broker for sale on commission, the commission is earned when, during the agency, the broker finds a purchaser ready, able, and willing to buy, and who actually offers to buy on the terms stipulated by the owner. Code, § 4-213; Phinizy v. Bush, 129 Ga. 479 (59 S.E. 259); Payne v. Ponder, 139 Ga. 283 (77 S.E. 32); Gresham v. Lee, 152 Ga. 829, 832 (111 S.E. 404); Floyd v. Boyd, 16 Ga. App. 43 (5) (84 S.E. 494); Montgomery v. Lester, 25 Ga. App. 660, 662 (104 S.E. 28). The petition as amended set forth a cause of action for commission due…