Agency
A Maine real estate agent who promises a seller they can obtain a specific sale price to secure a listing is engaging in:
ABuyer's agency
BPuffery that is legally acceptable
COverpricing
DInducement, which may be misrepresentation if the agent knows the price is unrealistic✓ Correct
Explanation
Guaranteeing a specific sale price to induce a seller to sign a listing agreement, when the agent knows the price is unrealistic, may constitute misrepresentation and a violation of license law.
Related Maine Agency Questions
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