Cornett v. Nathan
Nebraska Supreme Court
242 N.W.2d 855 (1976)
Relevant factsFree
A broker (plaintiff) found a prospective buyer who signed a purchase agreement for the sellers' (defendants') property, but the buyer backed out before closing because he was financially unable to pay the agreed price; the broker sued for his 7 percent commission anyway, and the district court granted the sellers summary judgment.
IssueFree
Whether a real estate broker earns his or her commission unless the broker produces a buyer who is ready, able, and willing to buy on terms satisfactory to the seller.