Final answer:
Both a Real Estate Broker and a Principal Real Estate Broker can legally provide an estimate of a property's sales price to a seller for the purpose of obtaining a listing without a fee, making the correct answer (c) Both I and II.
Step-by-step explanation:
The legal practices of real estate professionals regarding property value estimates. Specifically, it asks which categories of licensees are legally permitted to offer an estimate of the sales price of a property to a seller for the purpose of obtaining a listing, without charging a fee.
In most jurisdictions, the categories of real estate professionals who can offer these estimates are: I. Real Estate Broker and II. Principal Real Estate Broker. Both of these licensed professionals typically have the authority to provide a Comparative Market Analysis (CMA) or an estimate of the value of a property as a normal part of their services in securing a listing agreement. Therefore, the correct answer to this question is option (c) Both I and II.