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Which activity does NOT fall under real estate services?

  1. Advertising property for sale

  2. Managing properties

  3. Negotiating commissions

  4. Conducting open houses

The correct answer is: Negotiating commissions

Negotiating commissions is not considered a real estate service in the same way that the other activities are. Real estate services typically encompass actions directly related to the buying, selling, leasing, or managing of property. Activities like advertising property for sale, managing properties, and conducting open houses are all integral parts of the real estate transaction process and directly involve working with clients and properties. On the other hand, negotiating commissions pertains to the financial arrangement between agents or brokers and their clients. While it is an essential aspect of real estate transactions as it pertains to compensation, it does not involve the direct handling of real estate activities themselves. Therefore, it is categorized differently and does not fit into the standard definition of real estate services.