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Since real estate brokers are licensed and bonded, they are required to give you unbiased information about real estate purchases. True or False

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Final answer:

The claim that licensed and bonded real estate brokers must provide unbiased information is false; consumers should still perform due diligence.

Step-by-step explanation:

The statement that real estate brokers, because they are licensed and bonded, are required to give you unbiased information about real estate purchases is false. Being licensed and bonded is a guarantee of certain ethical standards, but it does not necessarily mean that they will provide unbiased information. It's essential for consumers to be diligent when evaluating real estate investments and consider potential issues that may not be disclosed upfront. For example, photographs in real-estate advertisements may not show undesirable aspects such as a landfill next door or a factory across the street. These limitations might be suggested by a low selling price or can be verified by personal visitation.

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