Free Pennsylvania Real Estate Practice Exam Practice Question
Which of the following is a statutory duty of a real estate licensee representing a seller?
Correct Answer: B
Rationale: Real estate licensees have specific statutory duties to uphold in their representation of sellers. Documenting all conversations with the seller and making records available for inspection by the Real Estate Commission ensures transparency and accountability, which are essential for regulatory compliance.
Option A is incorrect as providing a comparable market analysis to the buyer is not a statutory duty of the seller’s agent. Option C, while important, focuses on pricing strategy rather than documentation responsibilities. Option D, though it emphasizes professionalism, is more of a general ethical obligation than a specific statutory requirement.
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