Broker commission impaired by second listing

Real Estate Weekly, July 7, 1993 by Edward L. Schiff

Had the broker relied upon his initial listing agreement, it would have been entitled to a judgment of $162,500. Since the broker entered into a second listing agreement with the seller for the same property under different terms, the broker was required to prove that it did not waive its rights under the first agreement to a full commission.

(Neuhaus Realty Inc. vs. Sisco Pension Trust, Civil Court, Richmond County, New York).