Under what condition would a broker typically earn a commission when a sale does not close?

A broker typically earns a commission when a sale does not close primarily due to the buyer's readiness, willingness, and ability to close. This means that if the buyer has fulfilled all conditions necessary to finalize the purchase, such as securing financing and showing intent to proceed with the sale, the broker is entitled to a commission even if the transaction ultimately falls apart.

In real estate transactions, brokers often have a contractual agreement with the seller regarding their commission. If a buyer is prepared to close the sale but external factors prevent the completion, the broker's role in facilitating the deal demonstrates their entitlement to compensation. This principle underscores the broker's work in producing a ready buyer, complying with their professional duties to mediate the transaction effectively.

The other conditions are generally not favorable for the broker’s commission. For instance, if a buyer cannot secure financing, the transaction halts due to circumstances outside the broker's influence, undermining their efforts to earn a commission. Similarly, if the seller does not provide a marketable title or engages in anticipatory repudiation, these issues also imply that the sale cannot proceed, consequently affecting the broker's right to a commission. Thus, the buyer's readiness, willingness, and ability to close stands out as the relevant condition under which