What action is not permissible for a real estate broker in Hawaii?

Prepare for the Hawaii Real Estate Salesperson Exam effectively. Study with our engaging quiz featuring flashcards and multiple-choice questions, complete with hints and detailed explanations. Get ready to ace your exam with confidence!

A real estate broker in Hawaii must adhere to specific regulations regarding the handling of client trust accounts. Allowing sales agents to disburse funds from the client trust account is not permissible because only the broker has the authority to manage these accounts. Client trust accounts are designed to hold clients' funds, and the disbursement of money from these accounts requires strict compliance with legal and ethical standards. The broker is responsible for overseeing these transactions to ensure that funds are disbursed appropriately and in accordance with the law.

In contrast, advertising properties without listing prices can be done as long as it complies with advertising regulations. Additionally, brokers can authorize sales agents to deposit money into trust accounts to streamline operations, provided that the deposits are carefully monitored and recorded. Charging a commission higher than other brokers is permissible as brokers have the freedom to set their own commission rates based on their business strategy and market conditions.

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