Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Real Estate Licensing New Jersey Real Estate Salesperson Exam - Topic 4 Question 11 Discussion

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:
B) makes the receipt of the free offering contingent upon sellers listing their properties with the broker
A) discriminates against sellers who do not list with the broker during the specified time period
C) offers compensation for brokerage activity to unlicensed persons
D) discriminates against sellers whose religion prohibits the wearing of jewelry

Real Estate Licensing New Jersey Real Estate Salesperson Exam - Topic 4 Question 11 Discussion

Actual exam question for Real Estate Licensing's New Jersey Real Estate Salesperson exam
Question #: 11
Topic #: 4
[All New Jersey Real Estate Salesperson Questions]

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:

Show Suggested Answer Hide Answer
Suggested Answer: B

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.


Contribute your Thoughts:

0/2000 characters
Mila
2 hours ago
Totally agree, that just seems unfair to others.
upvoted 0 times
...
Luisa
5 days ago
It's definitely B, can't make offers contingent on listing.
upvoted 0 times
...
Serina
10 days ago
What if someone just doesn’t like jewelry? That’s kinda unfair!
upvoted 0 times
...
Soledad
16 days ago
I thought promotions were fine as long as they’re disclosed?
upvoted 0 times
...
Refugia
2 months ago
Wait, is it really illegal? Seems a bit harsh.
upvoted 0 times
...
Ryan
2 months ago
Totally agree, that's just not allowed.
upvoted 0 times
...
Salley
2 months ago
It's definitely B, can't make offers like that!
upvoted 0 times
...
Norah
3 months ago
D is a stretch, not everyone is religious about jewelry!
upvoted 0 times
...
Kristofer
3 months ago
I thought promotions were fine as long as they’re disclosed?
upvoted 0 times
...
Man
3 months ago
Wait, is it really illegal? Seems a bit harsh.
upvoted 0 times
...
Elly
3 months ago
Totally agree, that just seems unfair.
upvoted 0 times
...
Bethanie
3 months ago
It's definitely B, can't make offers contingent on listing.
upvoted 0 times
...
Breana
3 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.
upvoted 0 times
...
Ruby
4 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?
upvoted 0 times
...
Louvenia
4 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.
upvoted 0 times
...
Tamie
4 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.
upvoted 0 times
...

Save Cancel