QUESTION IMAGE
Question
licensee jay is showing houses to a buyer who has a fixed budget. despite this fact, jay insists on showing more expensive properties to the buyer in order to earn a higher commission. what is the potential danger of jay prioritizing his personal interests in this situation? select all correct responses. choose all that apply. the buyer may be unable to keep up with the payments. jay may lose his license. the seller is likely to file a complaint against the licensee. the buyer may find a better property later on.
- For "The buyer may be unable to keep up with the payments": The buyer has a fixed budget, and more expensive properties mean higher costs, so this is a valid danger.
- For "Jay may lose his license": Prioritizing personal gain over client's best interest (showing unaffordable properties) violates ethical/legal standards for licensees, so this is a danger.
- For "The seller is likely to file a complaint against the licensee": Not a direct danger here as the seller's issue isn't tied to Jay's action of showing over - budget properties to the buyer.
- For "The buyer may find a better property later on": This is not a danger of Jay's action; it's unrelated to the negative consequences of his prioritizing personal interests.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. The buyer may be unable to keep up with the payments.
B. Jay may lose his license.