Hawaii License Law
In Hawaii, 'net listing' agreements are:
AA. Commonly used and encouraged for high-value properties
BB. discouraged or highly discouraged because they create a conflict of interest between the agent and the client✓ Correct
CC. Required for commercial property sales
DD. Only permitted when the seller requests them in writing
Explanation
Net listings, where the agent keeps everything above a minimum net price, create a conflict of interest and are discouraged or strongly discouraged in Hawaii.
Related Hawaii Hawaii License Law Questions
- In Hawaii, a real estate licensee may NOT:
- The Hawaii Real Estate Education Fund is funded by:
- What is the Hawaii Real Estate Commission's process for handling consumer complaints against licensees?
- The Hawaii Real Estate Commission has authority to do all of the following EXCEPT:
- Under Hawaii law, when is a broker required to return a listing agreement to the seller?
- The Hawaii Real Estate Commission's Recovery Fund provides compensation to:
- What is 'reciprocal licensing' and can Hawaii real estate licensees from other states practice in Hawaii?
- What is Hawaii's mandatory 'disclosure of agency relationship' requirement under administrative rules?
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →