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In SA, what is the purpose of a vendor-paid advertising campaign?

Correct Answer

B) To fund the property's marketing, paid by the vendor separately from commission

A vendor-paid advertising campaign involves the vendor funding specific marketing activities (e.g., professional photography, online listings, print advertising) as agreed in the agency agreement, separate from the agent's commission.

Answer Options
A
To have the agent's commission paid upfront, before the property has actually sold
B
To fund the property's marketing, paid by the vendor separately from commission
C
To pay the agent's annual registration fees to Consumer and Business Services
D
To cover the conveyancer's cost of preparing the Form 1 vendor's statement

Why This Is the Correct Answer

Vendor-paid advertising is a marketing budget the vendor funds, separately from commission, for the campaign set out in the sales agency agreement.

Why the Other Options Are Wrong

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Key Terms:

vendor-paid advertisingmarketing campaignagency agreement
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