I prefer to not practice law without a license, but can tell you that around here when you sign a listing you are making an offer to sell at that price. If someone comes in at full price cash you have an accepted offer and a contract. In the real world I don't know if it would go to court or what the maniac on the bench would do with it but the realtor would expect you to pay his commission if you backed out. He did his job and would want to be paid. I guess it is going to boil down to how the listing was worded. That is how it was explained in business law class by the attorney who taught it. But call a lawyer if you have a real issue with what is going on and have him look over the paperwork.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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