Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

A real estate agent's primary duty when representing a buyer in negotiations is to:

Advise the buyer to offer above asking price.
Ensure the buyer understands all related legal ramifications.
Encourage the buyer to make an immediate decision.
Prioritize the seller's interests.
Offer personal loans for the purchase.
Negotiate only within the buyer's initial price range.

The correct answer is: Ensure the buyer understands all related legal ramifications.

A This option would not be the real estate agent's primary duty as their main responsibility is to ensure the buyer is making an informed decision and protecting their interests. B: This is the correct answer as the real estate agent must ensure the buyer understands the legal implications of their decisions during negotiations. C: Encouraging the buyer to make an immediate decision may not always be in their best interest as it can lead to rushed or uninformed choices. D: Prioritizing the seller's interests goes against the real estate agent's role of representing the buyer. E: Offering personal loans would not fall under the real estate agent's primary duty and may be seen as a conflict of interest. F: Negotiating within the buyer's initial price range may not always result in the best deal for the buyer and may go against their interests.