¶1delivered the opinion of the court.
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¶4
“Mr. J. D. Gordon, Newberg, Oregon—
‘ ‘ Dear Sir: Mr. Childers was in to-day and made me the following proposition on your 329 acres: He wants to turn over his 105 acres at Estacada for $100 an acre making $10,500, and a nine-room house on the quarter block at St. Johns for $7,000. He says he will assume the $13,000 mortgage, and give you a mortgage for the balance, which would be $18,850, and put up as security a $12,000 mortgage that he has, providing that you would agree to protect him on the $13,000 for five years from date. … As far as Clark and my commission or interest is concerned that can be arranged for us to either take the house at St. Johns or the farm at Estacada. … ”
¶5E. L. Clark, one of the plaintiffs, testified to the effect that they wrote Gordon the terms proposed; that Gordon came and looked at the land and said that he would accept the proposition and trade; that the property was sold for $150 per acre; and that Gordon took all the Childers properties and a mortgage back, amounting in the aggregate to $49,350. On cross-examination, he testified: That the first proposition *561made by Mr. Childers was that, if he could get plenty of time on it, he would take the land. That Mr. Gordon informed them that he wonld give Childers all the time he wanted. That the latter then came back with the proposition to turn in the Estacada property for which at that time he wanted $6,000. That afterward Childers said: “My property is worth as much as the hill land [Gordon’s]. I am going to raise my price on my property. I won’t take less than $10,500, $100 an acre.” That Mr. Gordon came in to see them and that they told him they would take the Estacada land for their commission. Mr. "W. J. Cook, also one of the plaintiffs, .testified, in regard to the negotiations, that, when the proposition made by Mr. Childers was submitted to Gordon, the latter came in and said that he would trade.
¶6Nowhere in the evidence of the plaintiffs does it appear that the defendant ever agreed to accept the Estacada property at $100 per acre, but only that he would exchange. The testimony of the plaintiffs fails to show that Gordon ever agreed to take any less than $125 an acre for his land. After the trade was consummated and the deeds were executed, in order to give the purchaser Mr. Childers ten days’ time in which to obtain the $12,000 collateral security, Gordon and wife and Childers and wife executed a memorandum agreeing to place the deeds and mortgages in escrow with W. J. Cook to be held during that time. In this agreement the consideration for the Estacada and St. Johns properties was mentioned at $17,500. The trial court based its findings upon the trade value recited in the memorandum. This, we think, was an error.
¶7In estimating the commission upon an exchange of real estate, the actual and not the trade value of the property should be taken as the basis: 19 Cyc. 237; *562Boyd v. Watson, 101 Iowa, 214 (70 N. W. 120); Porter v. Hellingsworth, 30 Misc. Rep. 628 (62 N. Y. Supp. 796). See, also, Calland v. Trapet, 70 Ill. App. 228. We think this is a reasonable rule. It is plain from plaintiffs’ evidence, as well as from the whole record, that the increase in price of the Estacada land was made solely for the purpose of partly offsetting the increase in the price of the Gordon land from $125 to $150 made by the plaintiffs: See Porter v. Hellingsworth, 30 Misc. Rep. 628 (62 N. Y. Supp. 796). According to plaintiffs’ claim, the result of this would be simply to swell the commission of plaintiffs and reduce defendant’s price below $125 per acre. In the exchange, according to the plaintiffs’ evidence, defendant received the following sums for his land:
Old mortgage on the property..............$13,000
New mortgage.............. 18,850
St. Johns house and lot.................... 7,000
Estacada property......................... 6,000
Total ............................... 44,850
Am’t of Gordon’s price at $125 an acre.....41,125
Difference .......................... 3,725
Plus the fixed commission.................. 1,075
Total ...............................$ 4,800
¶8This is the amount of plaintiffs’ commission as shown by their evidence. There is no substantial legal evidence in the record to support the findings for any greater amount. There is evidence to support the other findings, and they should not be disturbed.
¶9Counsel for plaintiffs suggest that the defendant does not allege in his answer that the Estacada land is not worth $10,400, nor that the St. Johns property is not worth $7,000; but the allegation of the complaint *563is to the effect that the property of defendant was sold for $150 per acre, and this is denied.
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¶11Under the provisions of Article VII, Section 3, of the Constitution, the judgment of the lower court should be changed and reduced to $4,800, and it is so ordered. Modified.