I agreed with a broker to sell an apartment for a certain amount and let him keep anything above that, but the extra was more than I’d imagined
🌐 Machine-translated content Read original text ↗
I’ve been living abroad for a very long time now, and I had an apartment in Egypt that had been locked up for years. The truth is, I didn’t know apartment prices or anything like that, and it’s in a really nice area, and the apartment itself is very nice. I agreed with a friend that he’d find me a buyer, so he asked me what commission I’d give him. I told him, “All I want for the apartment is 2 million. Anything above that, you can keep.” But the surprise was that the apartment’s price reached 10 million pounds. He actually found me a buyer, and my friend wants me to take the 2 million and for him to take 8 million, based on our agreement. I’m telling him, “You’re taking advantage of my ignorance about prices,” and he’s telling me, “If you’d made a deal with someone else, you would’ve sold it for 2 million and they’d have ripped you off,” and that I’m changing my word now. Honestly, I’m confused and don’t know what the custom is in situations like this. Should I give him a set percentage and take all the money from the apartment, or would that mean I’m wronging him and going back on my word after all?
Discussion