Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What are licensees working with buyers allowed to do?
What are licensees working with buyers allowed to do?
- Act in the best interest of the buyer (correct)
- Claim Real estate agents work for free
- Accept compensation in excess of agreement with buyer
- Filter their search to select only homes that offer compensation to buyer rep
What is a restriction on licensees working with buyers?
What is a restriction on licensees working with buyers?
- Acting in the best interest of the buyer
- Accepting compensation in excess of agreement with buyer
- Negotiating the price of the home
- Filtering their search to select only homes that offer compensation to buyer rep (correct)
What is not a restriction on licensees working with buyers?
What is not a restriction on licensees working with buyers?
- Working in the best interest of the buyer
- Claiming Real estate agents work for free
- Negotiating the price of the home (correct)
- Filtering their search to select only homes that offer compensation to buyer rep
What is an unacceptable compensation practice for licensees working with buyers?
What is an unacceptable compensation practice for licensees working with buyers?
Signup and view all the answers
What is a false statement about licensees working with buyers?
What is a false statement about licensees working with buyers?
Signup and view all the answers
Flashcards are hidden until you start studying
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.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
