Difficulty: Medium

Average Score: 67%

A licensee obtains a prospective buyer's contact information while hosting an open house. The licensee

Rationale

May call the prospect at a phone number provided during the open house.

When a licensee obtains a prospective buyer's contact information during an open house, they are permitted to contact that individual at the provided phone number without violating any telemarketing laws, as this constitutes an established business relationship.

A (may contact the prospect only within 72 hours of the open house.) YOUR ANSWER

This statement is incorrect because there is no specific timeframe restriction that limits a licensee's ability to contact a prospect to only within 72 hours after an open house. As long as the contact information was willingly provided, there are no such time constraints under typical real estate regulations.

C (must check the Do-Not-Call list prior to contacting the prospect.) YOUR ANSWER

While it is essential to respect the Do-Not-Call list, in this scenario where the prospect has voluntarily provided their contact information during an open house, the licensee is not required to check the list beforehand. The prospect’s action of sharing their information indicates a willingness to be contacted.

D (must contact the responsible broker before making any follow-up calls.) YOUR ANSWER

This choice is incorrect as there is no requirement for the licensee to seek approval from their broker before contacting a prospective buyer who has shown interest by providing their contact information at an open house. The licensee is allowed to follow up directly with the prospect.

Conclusion

A licensee who collects a prospective buyer's contact information during an open house is free to reach out to that individual using the provided details. The only requirement is that the prospect willingly shared their information, which establishes a permissible basis for contact without additional constraints. This practice fosters business relationships and is essential for effective follow-up in real estate transactions.

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