Question
Sam is a Georgia licensed salesperson with Shady Real Estate. Sam has a listing on Seller Steve's house and is acting as agent for the
Sam is a Georgia licensed salesperson with Shady Real Estate. Sam has a listing on Seller Steve's house and is acting as agent for the seller. Sam has been frustrated with how many offers have fallen through due to the buyers' failure to obtain financing. Buyer Bob wants to make an offer on the property, but is not represented by any licensee. Sam is concerned that Bob does not have sufficient income to qualify for the loan, so he gets a friend to help him generate paycheck stubs that will support a higher income. Is this a violation of Georgia law?
Select one:
a. No, because Sam is not representing the buyer
b. No, because he is not damaging his client, Seller Steve
c. Yes, since Sam is not acting as a transaction broker
d. Yes, regardless of the agency relationships
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