Contracts
A seller refuses to sell to the buyer after the contract is signed because they received a better offer. The buyer's MOST likely legal remedy is:
ASue for the amount of the commission
BSeek specific performance or sue for damages✓ Correct
CFile a complaint with AREC to recover the earnest money
DReport the seller to HUD
Explanation
When a seller breaches by refusing to close, the buyer may seek specific performance (forcing the seller to complete the sale) because real estate is unique, or sue for monetary damages including any increased cost of finding a comparable property.
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