PSI Oklahoma Real Estate Practice Test

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Prepare for the PSI Oklahoma Real Estate Test. Use flashcards and multiple choice questions with hints and explanations. Excel on your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What could lead to suspension or revocation of a real estate license?

Assisting clients with market analysis
Guaranteeing future profits from resale
Providing accurate property listings
Conducting regular market research

The correct answer is: Guaranteeing future profits from resale

Guaranteeing future profits from resale is a serious violation in the real estate industry and can lead to the suspension or revocation of a real estate license. This is because such guarantees can be misleading and create unrealistic expectations for clients. Real estate markets are inherently unpredictable, and no licensed real estate professional can accurately predict future market conditions or guarantee profits. Making bold claims about future financial outcomes is not only considered unprofessional but may also be viewed as deceptive or fraudulent behavior. Regulatory bodies govern real estate practices to protect consumers from false promises and to ensure ethical conduct among agents, highlighting the importance of integrity and transparency in all transactions. The other options relate to generally accepted and lawful practices within real estate. Assisting clients with market analysis, providing accurate property listings, and conducting regular market research are all activities that licensed real estate professionals are expected to perform in their duties to serve clients effectively and ethically.