Indiana License Law
Indiana prohibits 'net listings' primarily because:
AThey are required to be filed with the IREC
BThey create an inherent conflict of interest where the broker profits more as the price exceeds the seller's net, potentially leading to dishonest conduct✓ Correct
CThey are not permitted under federal law
DThey require dual agency in all cases
Explanation
A net listing (where the broker keeps everything above the seller's minimum price) creates a conflict of interest that can lead to dishonest behavior. Indiana and most states prohibit or strongly discourage net listings for this reason.
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