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<p class="MsoNormal">Is it true that parties are free to contract for any ‘not illegal’ compensation not forbidden by the license statute?<o:p></o:p></p>
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<p class="MsoNormal"><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Douglas Scott<br>
<b>Sent:</b> Wednesday, April 12, 2023 11:12 AM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBARP] Listing agreement damage, limitation<o:p></o:p></p>
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<p class="MsoNormal">Bryce,<o:p></o:p></p>
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<p class="MsoNormal">The $250,000 may well approximate the Realtor's 3% commission and thus they are limiting any damages to the commission. I have never heard of this, but a creative Realtor may be seeing if the seller will go for it. I doubt this is standard language
in any CBA Listing form. <o:p></o:p></p>
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<p class="MsoNormal"><b><span style="font-size:13.5pt;font-family:"Open Sans",sans-serif;color:#6E8F94">DOUGLAS W. SCOTT</span></b><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">Rainier Legal Advocates|LLC</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">465 Rainier Blvd. N., Suite C </span><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">Issaquah, Washington 98027 </span><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">425.392.8550 (tel)</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">425.392.2829 (fax)</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif"><a href="http://www.rainieradvocates.com/" target="_blank"><span style="font-family:"Georgia",serif;color:#1155CC">www.rainieradvocates.com</span></a><o:p></o:p></span></p>
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<p class="MsoNormal">On Wed, Apr 12, 2023 at 10:05 AM Bryce Dille <<a href="mailto:Bryce@dillelaw.com">Bryce@dillelaw.com</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal">A client just presented me with a listing agreement from a commercial broker relative to the sale of a commercial parcel for approximately $8 million and the listing agreement states that the maximum that the broker is liable for is $250,000.
I have never so far seen this limitation of damages in a listing agreement, and as far as I know, the broker license statute does not contain any language that permits language limitation as far as the liability of a broker I would appreciate any input any
of you have in this regard thank you . <br>
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Bryce H. Dille<br>
Dille Law, PLLC<br>
Office: 360-350-0270<br>
Cell: 253-579-5561<br>
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