New Jersey Real Estate Practice Exam Free Practice Question
Which of the following is a permitted free offering?
Correct Answer: A
Rationale: Option A, a complimentary home warranty with every listing, is permitted as it enhances the value of the property without violating regulations. It provides a tangible benefit to the buyer, promoting a smoother transaction.
Option B, offering a coupon for discounted commission, is inappropriate as it can be seen as an inducement that may violate ethical guidelines and regulations regarding commission structures.
Option C, providing a free dinner at a seminar, can be perceived as a promotional tactic that may influence potential buyers unduly, raising ethical concerns.
Option D, offering free use of a moving van, could also be viewed as an inducement that may lead to unfair practices in real estate transactions.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now