A real estate broker, in order to influence a person to buy, states that the property will absolutely double in value in six months. The sale takes place and 6 months later the property has declined in value. This broker could be considered guilty of:

Question

Quizplus · Accepted Answer

The broker made a false promise to the buyer, leading them to make a decision to purchase the property based on inaccurate information. This is considered unethical and could potentially be fraudulent.

A Real Estate Broker, in Order to Influence a Person