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A broker is offering a $100 gift certificate at a jewelry store to all sellers who list with the broker during a specified time period. According to the New Jersey Real Estate License Law, such a promotion is prohibited because it:
Suggested Answer: B
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According to NJ Real Estate Commission rules, brokers and salespersons may not:
Offer prizes, gifts, or inducements that are contingent on entering into a listing agreement.
This is considered an improper inducement under N.J.A.C. 11:5-6.4.
Therefore, the prohibition is because the gift certificate is conditioned on the seller listing with the broker.
31 comments · newest first
JA
Jacqueline
12 days ago
I feel like B is definitely the right choice. It’s about the conditions.
SE
Selma
18 days ago
But what about A? It could be seen as unfair to others.
LO
Lorriane
23 days ago
I agree, B makes sense. It’s like a bribe to list.
LA
Lashon
28 days ago
This question is tricky! I think it’s B.
FR
Frederica
1 month ago
Definitely B. It’s not fair to tie gifts to listings.
AU
Audria
1 month ago
I feel like A could be an option too, but B is stronger.
CA
Cathrine
1 month ago
I agree, B makes the most sense. It's about the listing condition.
CO
Corinne
2 months ago
This question is tricky. I think it's B.
DE
Dean
2 months ago
Definitely B. It creates an unfair advantage.
CA
Carissa
2 months ago
I feel it's unfair to sellers not listing.
MA
Magdalene
2 months ago
Agreed, B seems right. It's a clear violation.
DE
Deandrea
2 months ago
I think it's B. It makes the gift contingent on listing.
AL
Alverta
2 months ago
Why would it discriminate against religion? That seems like a stretch.
CE
Celestina
3 months ago
I thought incentives were allowed, but I guess not in this case.
VA
Val
3 months ago
Wait, is this really illegal? Sounds a bit extreme.
MI
Mila
3 months ago
Totally agree, that just seems unfair to others.
LU
Luisa
3 months ago
It's definitely B, can't make offers contingent on listing.
SE
Serina
3 months ago
What if someone just doesn’t like jewelry? That’s kinda unfair!
SO
Soledad
4 months ago
I thought promotions were fine as long as they’re disclosed?
RE
Refugia
5 months ago
Wait, is it really illegal? Seems a bit harsh.
RY
Ryan
5 months ago
Totally agree, that's just not allowed.
SA
Salley
5 months ago
It's definitely B, can't make offers like that!
NO
Norah
6 months ago
D is a stretch, not everyone is religious about jewelry!
KR
Kristofer
6 months ago
I thought promotions were fine as long as they’re disclosed?
MA
Man
6 months ago
Wait, is it really illegal? Seems a bit harsh.
EL
Elly
6 months ago
Totally agree, that just seems unfair.
BE
Bethanie
6 months ago
It's definitely B, can't make offers contingent on listing.
BR
Breana
6 months ago
I definitely recall something about promotions needing to be fair. B sounds right to me since it ties the gift to listing with the broker.
RU
Ruby
7 months ago
I’m a bit confused. I thought the issue was more about unlicensed compensation, so C could be a possibility too. But I guess it’s not really about that here?
LO
Louvenia
7 months ago
I remember discussing how promotions can be tricky. I feel like A might be the right answer because it seems unfair to those who don’t list during that time.
TA
Tamie
7 months ago
I think this question is similar to one we practiced about incentives and how they can affect fair competition. I’m leaning towards B, but I’m not completely sure.