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.

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The Benjamin Franklin technique:

Is used primarily when meeting new prospects in a prospecting farm area.
Is based on itemizing all pluses and minuses from the buyer's perspective, when making a decision about a particular property.
Does not apply to showing property, but is very effective when meeting prospective buyers.
Is essentially the process of identifying the advantages of home ownership.
Involves listing potential investment opportunities for prospective clients.
Focuses on offering historical data to validate real estate market trends.

The correct answer is: Is based on itemizing all pluses and minuses from the buyer's perspective, when making a decision about a particular property.

The Benjamin Franklin technique involves listing all the pluses and minuses from the buyer's perspective when making a decision about a particular property. This technique helps buyers weigh the pros and cons of a property objectively, leading to a more informed decision-making process. It is a strategic approach that assists in analyzing the various factors influencing a purchase, thereby allowing the buyer to make a well-thought-out decision.