Seller sold builing without brokers knowledge.

Categories: Brokers

This may be a silly question but any feedback would be appreciated. We made an offer on a brownstone in Bed Stuy, offer was accepted as we are working through the contract the broker calls to tell us the seller has sold the building to an all cash buyer without his knowledge. Do we have any recourse or is this just the NY real estate jungle?

By j banks | 07/08/2008 5:50 PM