Iowa License Law
Net listings in Iowa are:
AThe most common type of listing agreement
Blegal but strongly discouraged because they create a conflict of interest✓ Correct
CRequired for commercial properties
DOnly permitted for agricultural land
Explanation
Net listings—where the broker keeps everything above a set amount—are discouraged in Iowa because they create an inherent conflict of interest between the broker and seller, potentially causing the broker to prioritize personal gain.
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