PSI New Jersey Real Estate State Practice Exam

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Prepare for the New Jersey Real Estate Exam. Study with up-to-date questions and in-depth explanations. Ace your real estate test!

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Which is an example of a permitted free offering in real estate promotions?

A free appraisal of the property
A free dinner for attendees at a home buyer's seminar
A free home inspection before purchasing
A free real estate class for locals

The correct answer is: A free dinner for attendees at a home buyer's seminar

In real estate promotions, permitted free offerings must comply with regulations that aim to prevent deceptive practices and ensure transparency in transactions. A free dinner for attendees at a home buyer's seminar fits within these guidelines as it serves as an incentive to attract potential buyers without directly influencing their decisions on property purchases. This type of offering does not create a financial obligation or expectation tied to specific real estate transactions, hence it is considered permissible. In contrast, options such as a free appraisal, free home inspection, or free real estate class may raise concerns about potential coercion or the indirect tying of services to the purchase of property, which could be interpreted as a reward or compensation for engaging in a specific transaction. Therefore, option B is clearly recognized as a valid promotional tactic that aligns with regulatory standards in real estate practices.