EstatePass
Ethics ComplianceConflict Of InterestEASY

Which of the following best describes a conflict of interest situation for a real estate agent?

Correct Answer

D) Acting for both the buyer and the seller in the same sale

A conflict of interest occurs when an agent's personal interests or duties to one party may compromise their ability to act in the best interests of another party. Representing both parties without proper disclosure creates such a conflict and requires specific procedures to manage.

Answer Options
A
Advertising the same property in several newspapers and on several portals at once
B
Giving market appraisals to potential vendors
C
Holding open inspections on weekends
D
Acting for both the buyer and the seller in the same sale

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Background Knowledge for Ethics Compliance

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Related Topics & Key Terms

Key Terms:

conflict of interestdual agencyfiduciary dutydisclosureprofessional conduct
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