Retail Chatr Commercial Real Estate Blog - Perishable Pundit

Retail Chatr Commercial Real Estate Blog » Blog Archive » Fresh & Easy Real Estate Director Making E...http://www.retailchatr.com/2010/01/19/fresh-easy-real-estate-director-making-empty-threats/comment-page...Page 5 of 101/27/20100 Vote up Vote downjoshua · 1 week agohahahaaha. i love this stuff!Reply+1 Vote up Vote downSquare Feet 34p · 6 days agoSo I take it you represented the seller? As a broker, you may not be a party to the transaction, but the seller is. Still notmuch merit if everything is public as you indicate, but could be a headache nonetheless. Even if it goes anywhere, theywill have trouble with proving damages unless they can show that the seller told you (as their agent I presume) AND thatyour email blast caused Fresh & Easy to have to buy another ground lease at a 8.49% cap instead of the 9.5% that theyotherwise could have had you not sent out the blast.That sounds like a lot more effort than it's worth.Reply7 replies · active 5 days ago+1 Vote up Vote downChris Rodriguez 31p · 6 days agoThe seller did not tell me anything. He did not need to. I was the procuring cause and knew the agreed upon price and asyou noted above, this information is public knowledge anyway. I don't agree that publishing one comp can createdamages either. If that were the case, CoStar would be sued into oblivion.Reply0 Vote up Vote downAnonymouse · 6 days agoCoStar wouldn't be on the hook, the person or firm who told CoStar would be if they were bound to keep the dealconfidential. This is why you never want to sign an agreement with a NDA which relies on you to make sure your agentor representatives keep their mouth shut. That's just unnecessary risk. If the party really wants somebody to stay quiet,they should get a separate agreement from that person.Reply+1 Vote up Vote down