Massachusetts License Law
Under Massachusetts license law, 'net listing' agreements are:
ARequired for all commercial transactions
Bdiscouraged because they create a conflict of interest✓ Correct
CAllowed if the seller signs a written disclosure
DStandard practice for luxury properties
Explanation
Net listings, where the broker keeps everything above a set price as commission, are discouraged in Massachusetts because they create an inherent conflict of interest between the broker and seller.
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