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Land broker seeks $210k commission in court

MADISON - ST. CLAIR RECORD

Friday, November 22, 2024

Land broker seeks $210k commission in court

Belleville real estate broker Terry Johnson is seeking a $210,000 commission he claims he earned putting together the sale of 131 acres of prime farmland on Illinois 161 and Greenmount Road in Belleville.

The land developer has proposed building a Wal-Mart Super Center and Lowe's Home Improvement Center at the site.

Johnson filed suit Sept. 15 against Carolyn Miller, who represents the Jean Moore Credit Shelter Trust and the Ernest Moore Living Trust in St. Clair County Circuit Court.

According to the suit, Johnson represented Miller's interest in a $7 million land sale agreement to Summix Development Co. of Missouri. Johnson, who began working with Miller on the deal in 2000, claims the closing is scheduled to take place "in the very near future."

Johnson claims he located the land buyer, rendered advice and aide, attended meetings, reviewed contracts, conducted market research, created brochures and provided conceptual development schemes for Miller.

"Plaintiff was not a volunteer," the complaint states.

"Defendant would be unjustly enriched if allowed to retain the entire purchase price."

Johnson, represented by Alvin C. Paulson of Becker, Paulson, Hoerner & Thompson in Belleville, claims he is entitled to a 3 percent commission of the purchase price.

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