A building inspector gives a Queensland agent a $300 voucher for referring a client. What must the agent do?
Correct Answer
A) Disclose it to their client
An agent must disclose any gift, benefit, or commission received from a third party in connection with their client's transaction. Failure to disclose creates a conflict of interest and breaches the agent's fiduciary obligations.
Why This Is the Correct Answer
An agent who receives a benefit from a third party in connection with a client's transaction must disclose it to the client. Without disclosure the benefit is a secret profit that breaches the agent's fiduciary duty and may be a secret commission offence.
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