Virginia State Real Estate Exam Practice Question
A broker who has listed a property for sale cannot legally
Correct Answer: C
Rationale: A broker who has listed a property for sale cannot legally purchase the property themselves due to conflicts of interest and ethical obligations. This ensures that they act in the best interest of the seller.
Option A is incorrect because a broker can represent the seller exclusively. Option B is also valid; brokers can become dual agents if both parties consent, making this option incorrect as well. Option D is misleading; while a broker can represent the buyer, they must disclose their listing role, making it possible but not the primary legal limitation. Thus, purchasing the property is the only clear legal restriction.
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