Instructions: Length: approximately three sentences per question Question: What, if any, prohibited conduct has occurred...
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Instructions: Length: approximately three sentences per question
Question: What, if any, prohibited conduct has occurred in the following scenarios?
a. O Blinding Light Real Estate, Inc (OBL) and its cross-town competitor Holier Than Thou, Inc. (HTT), through its brokers, have agreed not to take listings of properties in certain zip codes.
b. They also agreed to take listings in certain other zip codes for not less than a 6 % commission.
c. HTT has an internal office policy that all buyers must use Allie Boy Pest Control for Termite Inspections as a condition of using HTTs services. Allie Boy pays a referral fee for each buyer to HTT.
d. OBL has an internal office policy that all salespersons must charge a commission of 5% for all listings under $75,000.00.
e. OBL and HTT are members of the multiple list service (MLS) through the local Realtor association. They and certain other agents refuse to share MLS listings with MLS member Broker Greenacre because she is a Wiccan.
f. In general, does any prohibited conduct have legal consequences? If so, what are the penalties?
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