Search for a licensee – The Wisconsin Credential/License Search website can be used to verify a real estate agent`s license. The Supreme Court is denying it. After lengthy litigation, the case reached the Wisconsin Supreme Court. In court, the issue was whether the sale contract was an “opposable contract” under the listing contract, which commits Re/Max to a commission. The analysis of the clear meaning of the words, the court said, is an “enforceable contract” for which a party can go to court and obtain a remedy for the place of reflection. As Ash Park had already rendered a judgment on the contract of sale, this contract was enforceable – yes. From there, the court found that “the sale agreement between Ash Park and Alexander-Bishop constitutes an “opposable contract” within the meaning of the list contract between Ash Park and Re/Max. (Added highlight.) The Wisconsin Listing agreement is used to formalize the agreement between a real estate agent and a real estate owner, the broker being authorized to sell the owner`s property. The contract must have a start date and a date of termination of the agreement, as well as the commission collected by the broker if he sells the property. The contract must also contain additional real estate that the real estate owner puts up for sale. Once the contract form has been signed by all parties, the broker has until the termination date of the contract to act as the owner`s representative when selling his property. In the event that the broker successfully sells the owner`s real estate, they are entitled to the agreed commission. Stafford Rosenbaum LLP can help sellers negotiate and revise listing contracts to ensure that commissions are not earned until successfully concluded.

If you would like to learn more about list contracts, please contact Stafford Rosenbaum LLP`s lawyer or one of the Stafford Rosenbaum Es Real Estate team members. Real Estate Disclosure Information Statement – Sellers of real estate must provide a statement of information to buyers within 10 (10) days after entering into a sales contract. When selling a condo, the seller must also provide a condominium addendum to the state real estate report. Tips for sellers. The Supreme Court found that the Ash Park listing contract was “freely negotiated.” Referring to a real estate item, the court gave some wise advice to the sellers: “To avoid a commission occurring without a conclusion, the seller`s lawyer should consider changing the language in [the list contract] so that the commission is not won until the transfer of the property is actually concluded and the title passes.” Principles and policies. The Supreme Court rejected both of Ash Park`s counter-arguments. First, the court held that the non-payment of the award by Alexander-Bishop had no bearing on whether or not the sale contract was executed: “The applicability of a contract depends on the availability of an appeal for an offence and not on the respect of a judgment rendered in response to a violation.” Second, the Tribunal found that the obligation for a seller to pay a commission, even without a closed sale, is not contrary to public policy. The court said: “The result in the immediate case appears to be hard Ash Park. But… [t]he tilt to oppose Ash Park for paying Re/Max his commission is not only at odds with the language of the contract; it`s also unfair to Re/Max, who has made efforts to find a buyer. In the end, the Supreme Court ruled that the sale contract was enforceable, and Re/Max was entitled to his commission after the listing contract, when no sale had ever been concluded.