Buyers fight commissions on new homes
Law of the Land
By Tara-Nicholle Nelson, Wednesday, September 2, 2009.
In the case Blough v. Holland Realty Inc., four couples contracted with new-home builders and subdivision developers to have new homes custom-built on particular lots in several Boise, Idaho, subdivisions.
The builders and developers had pre-existing agreements in place with exclusive real estate brokers, whereby brokers would receive a fee or commission on every lot sale and, also, every new home constructed in the respective subdivisions.
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Copyright 2009 Tara-Nicholle Nelson
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