North Carolina License Law
A NC broker who acts as a 'net lister' — where the seller receives a fixed amount and the broker keeps the excess as commission — is engaged in:
AAn acceptable creative commission structure
BA net listing, which is discouraged by the NCREC and prohibited in many states due to conflicts of interest✓ Correct
CAn exclusive right-to-sell listing
DA flat fee listing arrangement
Explanation
Net listings create significant conflicts of interest (the broker may be tempted to seek the highest price to maximize the excess beyond the seller's net) and are discouraged or prohibited by many state licensing boards including the NCREC.
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