Which statement about licensees cooperating with other licensees is true?

The correct statement regarding licensees cooperating with other licensees is that they must cooperate only if it's in their client's best interest. This highlights the ethical obligation that real estate agents have to prioritize their client's needs and welfare above all else. While cooperation can lead to better results in transactions and promote goodwill within the industry, it should be guided by the principle that any action taken must ultimately serve the best interests of the client.

This means that each licensee must evaluate whether cooperating with another licensee will benefit their client, whether that's through obtaining a better price, faster sale, or any other advantage. In scenarios where cooperation does not align with the client's best interests, the licensee is not obligated to pursue it. This approach aligns with the policies set by various real estate boards, emphasizing client advocacy and ethical practices in real estate transactions.

In contrast, other options suggest misconceptions about the nature of cooperation among licensees. For instance, stating that licensees are obligated to cooperate in all cases misrepresents the situation as it overlooks the need to always prioritize client interests. Suggesting that cooperation is optional regardless of client interest ignores the ethical standards that govern the profession. Lastly, the idea that licensees must compensate cooperating licensees contradicts standard practice, as