Which action by a real estate licensee would not violate the real estate law?

Taking a net listing does not inherently violate real estate law, as long as it is disclosed and agreed upon by all parties involved. A net listing is an arrangement where the seller specifies a minimum amount they wish to receive from the sale, and the agent can keep any amount over that minimum as their commission. This practice can be acceptable in certain jurisdictions, provided that the listing agreement complies with local regulations and ethical standards set forth by the real estate authorities.

In contrast, offering a kickback is illegal as it undermines the integrity of the real estate transaction and can lead to significant legal consequences. Misrepresenting property value is also a violation of real estate law and can result in penalties, as it can deceive buyers and hinder fair market practices. Failing to disclose a dual agency situation can lead to conflicts of interest and is against the principles of transparency required in real estate transactions. Therefore, taking a net listing, when done correctly, remains within legal bounds and ethical expectations.