Virginia State Real Estate Exam Practice Question
Which of the following actions by a broker constitutes a violation?
Correct Answer: C
Rationale: Accepting a referral fee from an unlicensed individual, as in option C, constitutes a violation because it undermines the regulatory framework designed to ensure that only licensed professionals engage in real estate transactions.
Option A is permissible as long as it complies with state regulations regarding referrals between licensed brokers. Option B is acceptable when there is transparency and agreement between parties, as buyer's brokers can receive commissions from listing brokers. Option D is often allowed if the out-of-state broker is licensed in their jurisdiction and proper protocols are followed. Thus, C stands out as the only clear violation.
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