A licensee lists four 2-bedroom condos priced $80k—$90k. A smaller, less-desirable unit sold last week for $62k. The agent advertises: “4 beautiful 2-bedroom townhomes — starting at $62,000.’ This ad is ___.

While the phrase "starting at" does provide some legal cover, it does not absolve the ad of its misleading implications. The use of this phrase can imply that the lower price applies to the properties being advertised, which is not accurate. Therefore, it is not perfectly acceptable as it can mislead consumers.

This choice is inaccurate because the advertisement does not suggest that there are multiple properties available at the price of $62,000 or near that figure. The phrase "starting at" refers to a price point, not an actual listing of available units at that price, thus failing to accurately represent the properties for sale.

Although the advertisement is misleading, it does not qualify as an outright illegal bait and switch tactic, as it does mention a price point. Bait and switch typically involves advertising a product at a low price with the intention of pushing a different product, which is not precisely the scenario here.