103k views
2 votes
One licensee is a seller's agent, while another licensee in the same firm is the buyer's agent in the same transaction. This is an example of _.

1 Answer

3 votes

Final answer:

The scenario of one real estate licensee acting as a seller's agent and another as a buyer's agent within the same firm is not an example of tying sales or bundling. Tying sales force a customer to buy one product to get another, while bundling offers multiple products or services together, which can be anticompetitive in some cases but legal and common in others.

Step-by-step explanation:

One licensee is a seller's agent, while another licensee in the same firm is the buyer's agent in the same transaction. This is an example of a situation in real estate where dual agency or designated agency may occur, allowing the same real estate firm to represent both the buyer and the seller in a transaction. However, this scenario is not directly related to tying sales or bundling. Tying sales refers to a situation where a customer is allowed to buy one product only if the customer also buys another product. A similar concept, bundling, is when a firm sells two or more products or services as one combined package, often at a discounted rate. Tying and bundling can sometimes be viewed as anticompetitive, but they can also be legal and common in different contexts. For instance, a computer manufacturer may offer a bundled package of software with the purchase of a new computer, or a cable company might provide a bundle deal for cable, internet, and phone services. Nonetheless, these practices are distinct from real estate transactions involving separate agents working for the same firm.

User Mtreit
by
7.8k points