If a broker secures a signed offer with a deposit but the seller refuses to accept, what is true about the broker's fee?

When a broker secures a signed offer with a deposit, it signifies that an agreement has been reached on the terms presented by the buyer. In real estate transactions, a broker typically earns their commission once they have successfully facilitated a binding agreement between the buyer and seller, which includes securing a signed offer.

Even if the seller ultimately refuses to accept the offer, the broker has acted in accordance with their role by finding a willing buyer and bringing that buyer's offer to the seller. The key point here is that the broker has fulfilled their obligation by obtaining the express intention of the buyer to proceed with a purchase, accompanied by a deposit, which is a serious indication of the buyer's intent to buy.

Accordingly, the broker is entitled to their fee for services rendered, as they have completed their duties effectively. As such, the broker has the right to maintain a suit for commission, should it become necessary. This right persists even in the face of the seller's rejection, owing to the established work of presenting an offer and securing a deposit.