Maryland License Law
A Maryland licensee's obligation to a seller regarding the listing price is to:
ASet the listing price for the seller based on market data
BAdvise the seller on market conditions and pricing, but ultimately respect the seller's decision✓ Correct
CGuarantee the property will sell at the listing price
DList the property at a price that maximizes the broker's commission
Explanation
A Maryland licensee must provide competent pricing advice but cannot dictate the listing price — that is the seller's decision. The agent's duty is to advise, not control.
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