Tennessee Real Estate Exam Practice Question
A couple wishes to list a country estate with a licensee. The licensee feels this property should be shown by open house but the couple refuses and wants only printed ads in a national publication. Can the licensee accept such a listing?
Correct Answer: A
Rationale: The rationale for option A is grounded in the principle of agency, where a licensee must adhere to the lawful instructions of their clients, ensuring their preferences are respected. Option B is incorrect; zoning regulations do not typically restrict open houses for large properties. Option C is misleading; state license laws do not prohibit national advertising expenditures. Option D misinterprets the nature of the agency relationship; while a licensee has authority, they must still act within the bounds of their clients' explicit wishes regarding advertising and showing methods.
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