South Carolina License Law
In South Carolina, which of the following is TRUE about 'net listings'?
AThey are the preferred listing type under SC law
BThey are discouraged or discouraged because they create a conflict of interest between the agent and seller✓ Correct
CThey are required for commercial transactions
DThey automatically become exclusive listings after 30 days
Explanation
Net listings create an inherent conflict of interest — the agent benefits directly from negotiating the lowest possible sale price to maximize their commission. SC discourages these arrangements, and the National Association of REALTORS prohibits them in most circumstances.
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