Stewart v. Sisson

CADY, Justice.

In this appeal, we must decide whether an oral agreement between a property owner and a real estate broker for the broker to procure a buyer for the property without listing it constitutes a “listing agreement” within the meaning of a real estate commission rule requiring such agreements to be in writing. We conclude such an agreement is not , a “listing agreement” and, therefore, reverse the judgment of. the district court and remand for further proceedings.

I. Background Facts and Proceedings

Jeffrey Sisson owned a sports bar and restaurant in Charles City. In early 1999, he…