A builder gives a real estate broker verbal permission to find buyers for his new homes. Can the broker advertise the properties?
A. Yes, only the consent of the owner is required.
B. Yes, provided the builder's trade name is included in the advertisement.
C. No, the broker must have written permission of the owner and said permission has a definite date of expiration.
D. No, new home sales can only be advertised by the builder
Answer: C. No, the broker must have written permission of the owner and said permission has a definite date of expiration.
You might also like to view...
Which of the following is the first step in the questionnaire design process?
A) specify the information needed B) specify the type of interviewing method C) determine the content of individual questions D) decide on the question structure E) segment the customer base
From a safety perspective, which alternative below offers the best advice?
A) Make sure an account is federally insured. B) Make sure an account is state insured. C) Avoid any institution that is not a commercial bank. D) Avoid using out-of-state institutions.