Agency
In South Carolina, which of the following is TRUE about a 'net listing'?
AIt is the preferred commission structure under SC REALTORS standards
BIt creates a conflict of interest and is generally considered unethical or discouraged✓ Correct
CIt provides the seller more net proceeds than other listing types
DIt is required for foreclosure properties in South Carolina
Explanation
A net listing (where the broker keeps everything above the seller's net) creates an inherent conflict of interest. The broker profits from getting the seller to accept the lowest possible price.
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