Question

In an attempt to obtain listings, a broker visits sellers in a particular neighborhood and tells them that property values will soon decline due to a recent influx of minority home buyers. This tactic is _________.

Answer 1

Answer:

The correct answer is letter "D": illegal.

Explanation:

Blockbusting is the illegal practice by which real estate brokers spread the word among homeowners of a given area that the price of their properties is undervalued because of any false reason made up by the broker in an attempt of having owners to sell their houses so the broker can have more listings.  

As a result of blockbusting, the price of houses decline. The license of brokers engaged in this activity is subject to disciplinary action.