How can a Realtor accept compensation from more than one party in a transaction?

Accepting compensation from more than one party in a real estate transaction is a practice that requires transparency and ethical standards. The correct approach is to disclose to all parties involved and obtain their informed consent. This ensures that all parties are aware of the Realtor's compensation structure and gives them the opportunity to agree to it. By doing so, the Realtor maintains a high level of trust and professionalism, which is crucial in real estate transactions.

When a Realtor provides clear and complete information about earnings from multiple sources, it helps prevent potential conflicts, misunderstandings, and legal issues that could arise from undisclosed financial relationships. This practice is in line with the ethical obligations set by real estate governing bodies, which emphasize honesty and integrity in dealings.

The other options do not align with the ethical standards expected in real estate. Keeping compensation confidential could lead to mistrust and legal ramifications, negotiating separately without consent would lack transparency, and informing only the primary party does not protect the interests of all parties involved.