Download, customize, and translate hundreds of business templates for free
The ethical considerations around using coded language in real estate revolve around transparency, fairness, and honesty. It's important for real estate agents to communicate clearly and honestly with all parties involved. Using coded language can lead to information asymmetry, which can be unfair and deceptive. It can also lead to mistrust and legal issues. Therefore, it's crucial for real estate professionals to adhere to ethical standards and regulations to ensure fair and transparent transactions.
Asked on the following book summary:
Author Steven Levitt, working with journalist Stephen Dubner, shows how economic theories can be used to analyze social issues. Each of the six essays...
Go to dashboard to download stunning templates
DownloadQuestion was asked on:
Real estate agents profit from information asymmetry. They know a great deal about the housing market and also use code words to communicate with each other. They may hint that there is a problem in the market, to get owners to sell faster; or, they may use coded language in a listing to pass along information to other agents.
Questions and answers