PSI Virginia Real Estate Practice Exam

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What is a requirement for electronic media listing information?

It must include a virtual tour of the property
It must reflect the property description and listing status
It can be updated once a month
It can't be updated without the seller's consent

The correct answer is: It must reflect the property description and listing status

The requirement for electronic media listing information to accurately reflect the property description and listing status is crucial for maintaining transparency and providing potential buyers with the most current information about the property. This ensures that all necessary details about the property—such as its features, pricing, and current availability—are readily accessible and up-to-date. This requirement supports fair housing practices and helps to avoid misrepresentation, which could lead to legal issues and damage trust between agents, sellers, and buyers. While options regarding virtual tours, update frequencies, and seller consent may appear relevant, they do not encompass the essential baseline requirement for listing information in electronic media. The core purpose is to ensure that the provided information is complete and reflects the actual status of the property, allowing potential buyers to make informed decisions.