A broker-in-charge in North Carolina is revising a training memo on WWREA at first substantial contact. Which statement is NOT accurate under current North Carolina law?
Correct Answer
A) A broker may postpone sending the brochure until after a showing if the contact began by phone.
This choice is the inaccurate statement. The other three options describe the current North Carolina rule or guidance more accurately.
Why This Is the Correct Answer
Why the Other Options Are Wrong
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Related Topics & Key Terms
Key Terms:
Related Concepts
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
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