Question: Working to convince a potential buyer that a single - family house near a university could be converted to student housing, a broker guarantees the
Working to convince a potential buyer that a singlefamily house near a university could be converted to student housing, a broker guarantees the buyer that a future suit in a substantial profit. Such a guarantee
Maybe unethical but is not violation of the real estate rules and regulations
Requires comparable sales information to support the claim of future value
Is an acceptable professional practice if the property is properly zoned
Constitutes failure to engage in competent practice under the real estate rules and regulations
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