A decade of litigation has resulted in a decision that will strengthen the right of brokers working with buyers in New York to collect a commission — even when the buyer tries to bypass them at the last minute and negotiate directly with the listing broker.
Last week’s ruling by a New York State Appellate Division panel resolves a dispute dating back to 2001, when a couple who were shown a property by a buyer’s broker ended up negotiating a deal to buy the property directly with the seller’s broker. Source: therealdeal.com