Determine whether the agent and her assistant are violating the law. 1. List at least five (5) of Margaret’s activities that go beyond or cross the line that the law allows an unlicensed assistant to do. Explain why?

Caroline, a busy real estate agent, has hired Margaret to work as her assistant. Margaret doesn’t have a real estate license. One of the tasks Caroline assigns Margaret is arranging and attending open houses for Caroline’s listings.

In preparing for an open house, Margaret gives the sellers staging tips to help them make the property look as attractive as possible so that it will sell for as much as possible.

When the open house is held, Caroline leaves most of the work to Margaret. It’s Margaret who greets prospective buyers and shows them the home, pointing out features and discussing the condition of the property.

She hands out flyers (prepared by Caroline) that include detailed information about the listing, including the listing price. Margaret does not, however, engage in any negotiations with buyers or their agents, nor does she write offers to purchase. When buyers appear to be considering making an offer, Margaret schedules an appointment for them to meet with Caroline.

 

Answer rating: 100% (QA)

In order to determine whether Margarets activities as a real estate assistant cross the line into activities that require real estate licensure its ne... View the full answer