EstatePass
Practice Of Real EstateBrokerage_activitiesMEDIUM

A Kentucky sales associate asks about a licensee uses a net listing. What is the best answer?

Correct Answer

B) Obtaining, negotiating, or attempting to negotiate net listings is improper dealing

KRS 324.160 treats net listings as improper dealing. Source basis: KRS 324.117, KRS 324.160, and 201 KAR 11:121, Kentucky Legislative Research Commission official statutes/regulations: advertising, supervision, brokerage records, document delivery, affiliation, compensation, agency, and improper conduct; checked 2026-04-30.

Answer Options
A
The rule applies only to commercial transactions.
B
Obtaining, negotiating, or attempting to negotiate net listings is improper dealing
C
The conduct is allowed if the transaction later closes successfully.
D
The principal broker has no responsibility once a sales associate handles the file.

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Practice Of Real Estate Question

Sign up free to unlock full analysis

Background Knowledge for Practice Of Real Estate

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Practice Of Real Estate

Sign up free to unlock full analysis

Common Mistakes to Avoid on Practice Of Real Estate Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

ky.IIIbrokerage_activities

Key Terms:

kentuckyky.IIIbrokerage_activitiesnet-listings
Was this explanation helpful?

More Practice Of Real Estate Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing