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Questions and Answers
What are licensees working with buyers allowed to do?
What are licensees working with buyers allowed to do?
What is a restriction on licensees working with buyers?
What is a restriction on licensees working with buyers?
What is not a restriction on licensees working with buyers?
What is not a restriction on licensees working with buyers?
What is an unacceptable compensation practice for licensees working with buyers?
What is an unacceptable compensation practice for licensees working with buyers?
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What is a false statement about licensees working with buyers?
What is a false statement about licensees working with buyers?
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Study Notes
Restrictions on Licensees Working with Buyers
- Licensees are prohibited from filtering their home search to only include properties that offer compensation to buyer representatives.
- They are not allowed to accept compensation in excess of the agreement made with the buyer.
- Licensees cannot claim that real estate agents work for free.
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Description
Understand the ethical responsibilities of licensees when working with buyers, including compensation and agreements.