Feinberg Bros. Agency v. Berted Realty Co‪.‬

Plaintiff, Feinberg Bros. Agency, Inc., a licensed real estate broker, instituted this action to recover commissions due it
from defendant Berted Realty Co., Inc. It is alleged in the complaint that on May 24, 1983 plaintiff orally agreed with defendant
to find a purchaser for defendant's premises in New Rochelle, New York. Pursuant to the terms of the brokerage agreement,
plaintiff's commission for finding a purchaser would equal 6% of the property's purchase price. The asking price for the realty
was originally $640,000, but was subsequently raised to $675,000.