Exclusivity in Brokerage
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Question
I have an urgent question. I agreed with a broker [official] that he would exclusively handle the sale of my property. I didn't sign anything with him, I just told him verbally that he would be the broker. In fact, he brought me several offers, but nothing was finalized. Now another broker has come along, offering me a buyer at a much higher price. [The difference between the offers is almost 100,000 shekels]. A. Am I allowed to sell through the second broker, or is my commitment to the first valid according to Halacha? B. If I am allowed to close through the second, do I owe anything to the first broker?
Answer
Hello
It is impossible to answer without hearing both sides.
However, in principle, he has the right to close with the second client