Scenario

Situations requiring an ethical response from real estate practitioners -complete the following information below.

1. A real estate agent advertised a price-range that included a low-end price she knew was not acceptable to the seller.

-Ethical Conduct Standard?

List the applicable legislation (Act name only) and list if the REIQ Standard of Business Practice also apply

-How should you act in such a situation?

2. A real estate agent discloses to an interested buyer that the sellers are divorcing even though the real estate agent was clearly instructed by the seller not to share this confidential information.

-Ethical Conduct Standard?

List the applicable legislation (Act name only) and list if the REIQ Standard of Business Practice also apply

-How should you act in such a situation?

3. A real estate agent left a client's file with all the client's personal identification documents in their car. The car was broken into and the client's personal identification details were stolen.

-Ethical Conduct Standard?

List the applicable legislation (Act name only) and list if the REIQ Standard of Business Practice also apply

-How should you act in such a situation?

4. A real estate agent did not disclose to a buyer the knowledge that a prior inspection had identified moisture and dampness in the walls of a property.

-Ethical Conduct Standard?

List the applicable legislation (Act name only) and list if the REIQ Standard of Business Practice also apply

-How should you act in such a situation?

5. A real estate agent refers their affiliated Finance Broker to a buyer without completing a written disclosure.

-Ethical Conduct Standard?

List the applicable legislation (Act name only) and list if the REIQ Standard of Business Practice also apply

-How should you act in such a situation?

Please use Legislations in Queensland, Australia