Practice Quiz

Home Inspection

Category - Business Operations

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You have a relationship with a real estate agent who offers to refer additional clients your way if your findings for a particular site are favorable to the prospective buyer. How do you handle this offer?
  1. You thank the real estate agent and agree to the terms.
  2. You tell the real estate agent that accepting the offer would not be ethical.
  3. You report the real estate agent to the authorities for breaking the law.
  4. You notify all parties and appropriate authorities of the offer.
Explanation
Answer: B - You have a relationship with a real estate agent who offers to refer additional clients your way if your findings for a particular site are favorable to the prospective buyer.You handle this offer by telling the real estate agent that accepting the offer would not be ethical. It is important you avoid any perception of conflict of interest. It is unethical to accept any type of compensation, including referrals, from anyone who has a vested interest in the home you are inspecting.
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