West Virginia License Law
The 'net listing' arrangement in West Virginia is:
AA standard listing type encouraged by the WVREC
BGenerally discouraged and potentially unethical because it creates a conflict of interest for the broker✓ Correct
CRequired for properties sold at auction
DProhibited by federal law
Explanation
A net listing, where the broker keeps everything above a set price as commission, creates a conflict of interest (broker benefits from a higher commission by keeping the seller's net price low) and is generally considered unethical. Many states prohibit it; WV strongly discourages it.
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