134k views
5 votes
With respect to accepting compensation from more than one party in a transaction, a Realtor__________

User WPInfo
by
7.7k points

1 Answer

5 votes

Final answer:

A Realtor should avoid accepting compensation from more than one party in a transaction to avoid conflicts of interest.

Step-by-step explanation:

With respect to accepting compensation from more than one party in a transaction, a Realtor should avoid doing so as it can lead to conflicts of interest.

The National Association of Realtors (NAR) Code of Ethics prohibits Realtors from accepting compensation from more than one party without full disclosure and the informed consent of all parties involved.

For example, if a Realtor represents both the buyer and the seller in a transaction, they need to disclose this dual agency to both parties and obtain their consent.

User Li Chen
by
7.9k points

No related questions found