Which of the following could legally be offered to a prospective seller as an incentive to enter into a listing contract?

Question

Certilyst · Accepted Answer

C Rationale: Payment of the premium for a home warranty could legally be offered to a prospective seller as an incentive to enter into a listing contract. This type of incentive is commonly used in real estate to enhance the attractiveness of a listing and provide assurance to sellers.

Offering cash, as in choice A, is typically considered a violation of real estate ethical standards and may be illegal as it can be seen as a bribe.

Choice B, providing a gift card, also falls into the same ethical concerns as cash incentives and is generally not permissible in real estate transactions.

Choice D, a bank certificate of deposit, is not relevant as a listing incentive, as it does not directly relate to the property being sold and could be construed as an improper inducement.

Tennessee Real Estate Exam Questions

Which of the following could legally be offered to a prospective seller as an incentive to enter into a listing contract?