What is the classification of a broker's call to a former client suggesting to terminate their current contract?

In the context of real estate or brokerage practices, a broker's call to a former client suggesting to terminate their current contract falls under the classification of "deemed incompetent practice." This designation is due to the understanding that reaching out to a former client with the intent of encouraging them to end a binding contract with another professional can be considered unethical and unprofessional behavior. Such actions can damage the trust between clients and their representatives, as well as potentially violate industry regulations or contractual agreements.

Professional conduct typically encompasses the expected behaviors and ethical standards that brokers should follow while engaging with clients. Due diligence refers to the care that a broker or agent should exercise in fulfilling their responsibilities, particularly concerning their clients’ best interests. A competitive strategy, on the other hand, would pertain to how businesses position themselves in the market relative to their competitors, which does not apply in this specific situation where inappropriate inducement of a contract termination is highlighted. Therefore, the classification as "deemed incompetent practice" correctly captures the breach of ethical standards that occurs in this scenario.