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28 February, 22:44

Stephanie is a real estate salesperson employed by Pacific Coast Properties. She sells a home listed by another broker, Island View Realty. After escrow was opened, but before closing, she asks the Island View broker for a $1,000 advance against her commission. What happens if the Island View broker agrees?

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  1. 28 February, 23:39
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    It will be a violation of real estate law

    Explanation:

    Based on the information provided within the question it can be said that the if the Island View Broker agrees It will be a violation of real estate law. This is because until a deal is completely closed the deal can change and not go through. Some states and brokers allow this but will provide a discounted commission.
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