TEXAS SPECIFIC EXAM 02 WITH GUARANTEED CORRECT ANSWERS



In which of the following situations can a licensee legally and ethically accept a net listing?



A) Only when the principal understands current market values and requires a net listing.

B) Anytime the seller agrees, as long as the agent earns no more than 10% of the sale proceeds.

C) Whenever the sale price exceeds the owner's asking price by at 25%.

D) Only when he is representing both parties of a transaction - correct answersA) O...
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