A licensee would not be disciplined for:
A. accepting compensation from both parties in a transaction without a written disclosure
B. failing to adequately supervise an employee who misrepresents a property to a prospect
C. failing to include the firm's name, as licensed, in an advertisement
D. offering to advertise a property, for a fee, for a "For Sale by Owner" seller
Answer: D. offering to advertise a property, for a fee, for a "For Sale by Owner" seller
It's legal for a real estate licensee to solicit business from a "For Sale by Owner" seller. If the FSBO seller agrees that the licensee will help sell the property by advertising it on the MLS and elsewhere, in exchange for a fee, then the seller and licensee would simply enter into a listing agreement. (in addition, the other three options can be discarded via process of elimination. Undisclosed dual agencies, failure to supervise employees, and blind ads are all illegal.)
You might also like to view...
The owner of a commercial property wants to sell the seller wishes to allow many borkerages the opportunity to sell the property the seller should:
a. sign an exclusive right to sell listing b. execute an exclusive agency listing with each brokerage c. execute an open listing with the brokerages he wishes to hire d. sign a net listing
Consumers often rely on decision guidelines, or mental rules of thumb, when weighing the merits of competing brands. These rules are referred to as ________
A) evaluative criteria B) attitudes C) affects D) heuristics E) cognitions