Burge v. First Southern Savings Bank
Court of Appeals of North Carolina
1Opinion of the Court
ARNOLD, Chief Judge.
Plaintiffs argue that they are entitled to a commission on the sale of defendant’s property because their prospect ultimately purchased the property. A real estate broker is entitled to a commission if the broker proves (1) the existence of a binding contract between the broker and seller and (2) the broker’s performance *650of that contract. Thompson-McLean, Inc. v. Campbell, 261 N.C. 310, 313, 134 S.E.2d 671, 674 (1964). The performance generally required of the broker is to find a purchaser ready, willing, and able to purchase the seller’s property on the terms provided in…
2Cases cited6 opinions
- Thompson-McLean, Inc. v. CampbellSupreme Court of North Carolina · 1964
- Bolich-Hall Realty & Insurance v. DisherSupreme Court of North Carolina · 1945
- State v. BarrettSupreme Court of North Carolina · 1982
- Hecht Realty, Inc. v. WhisnantCourt of Appeals of North Carolina · 1979
- Onslow Wholesale Plumbing & Electrical Supply, Inc. v. FisherCourt of Appeals of North Carolina · 1982
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3Cited by3 opinions
- Pulla v. Amoco Oil Co.District Court, S.D. Iowa · 1994
- Gunn v. Lab. Corp. of Am.North Carolina Business Court · 2014
- Gunn v. Laboratory Corp. of Am.North Carolina Business Court · 2011