To win listings, an agent offers a local café owner a gift card for every customer the café persuades to list with the agent. What does Schedule 1 say about this?
Correct Answer
D) It is prohibited as a benefit offered to induce third persons to engage the agent.
Rule 14 of Schedule 1 says an agent must not offer a person a gift, favour or benefit, monetary or otherwise, to induce a third person to engage the agent's services. Paying the café owner to steer customers into listing is exactly that.
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To win a listing on her preferred terms, an agent tells the owner that NSW law makes a 90-day exclusive period compulsory in every sale listing. It does not. What has she done?
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