Question

Ann was hired by Peter to sell a condominium in San Francisco. The asking price for the modest two-bedroom unit was $2,300,000. Peter told Ann he would go as low as $2,100,000, but no lower, but that she should try to get as high a price as possible. If he couldn’t get that much for it, he said he would use it as rental property. A good friend of Ann’s was in the market for a two-bedroom condominium in San Francisco. In fact, this friend had come to Ann to help her find a place and negotiate for it. Ann’s friend said that she could absolutely not spend more than $2,000.000. When Peter hired Ann to sell his condominium, Ann told her friend about it and the asking price. Ann told her friend, “Don’t even bother. He won’t go below $2,100,000, that is his bottom price.” Ann’s friend accepted that. Ann then proposed to her friend that they go in together, with Ann fronting some money through her friend, but not having Ann’s name on the contract as purchaser. Before they could work out the details, Ann’s friend received a large raise and decided to buy the condominium. Ann negotiated a price of $2,100,000 on Peter’s behalf. Peter later found out that Ann had told her friend about his bottom price, and about the plan for Ann to help buy the house. What claims, if any, does Peter have?