If I simply talk to a broker and give info on my commercial strip am I bound in any way

I would supply lease data etch. He claims to have prospect in the price range. This was unsolicited. We may not sell. Commercial strip. I dont want to create any verbal contract that might come back to me kater
In Selling Property - Asked by doug s. - Aug 17, 2015
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Willette M.
Ellicott City, MD

State your purpose and do not sign anything. Also, try not to take up too much of the person's time. He/she could be losing out on a perspective buyer/seller.

Aug 17, 2015
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Robert C.
Oakland, CA

This is a favorite tactic used by Commercial Brokers to obtain listings. If the broker has an offer ask him to present it, you are under no obligation to accept any offer. The objective is to obtain the listing of your property. If you have a written listing agreement with a broker and he presents an offer satisfying your terms and conditions for selling your property and you reject this offer your broker MAY demand his commission subject to the terms and conditions of the listing agreement.

Aug 19, 2015
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J. David F.
Brentwood, TN

You can do a one-time showing agreement with this broker allowing them access to view the property and the financials with a signed confidentiality agreement. That would allow the broker to sell your property to a single named entity. If there is no deal there is no further obligation as the agreement was clearly marked as a "One-Time Showing Agreement" with terms for payment of a commission and no otherwise formal listing agreement beyond this specific opportunity.
Conversely if you are not interested in selling why even show it??

Aug 19, 2015
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Carol S.
Wilmington, DE

No, you are not! Do not put your signature to anything.

Aug 21, 2015
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Kim R.
Aiken, SC

No, giving information on your property does not bind you.

Aug 27, 2015
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