What are the salespersons' responsibilities regarding service fees when interest on a deposit is requested?

The correct answer highlights the importance of communication and transparency in real estate transactions. Salespersons have a responsibility to inform buyers about any potential service fees associated with interest on deposits. This ensures that buyers are fully aware of all financial implications related to their transactions, enabling them to make informed decisions.

By advising buyers of these fees, salespersons not only comply with legal expectations but also maintain professionalism and integrity in their dealings. It fosters trust in the buyer-salesperson relationship, as clients appreciate being kept in the loop regarding additional costs they might incur. This practice aligns with broader real estate principles of ethical representation and due diligence, reinforcing the notion that salespersons are advocates for their clients' best interests.

In understanding this responsibility, it becomes clear that a lack of communication regarding fees could lead to misunderstandings or disputes, which can be detrimental to both the buyer and the salesperson's reputation. Thus, the emphasis is on proactive advice and clarity over ignoring fees or shouldering them personally.