Humber/Ontario Real Estate Course 2 Exam Practice

What is the REBBA Code of Ethics requirement when a salesperson finds properties with varying remuneration rates?

1. Introduce only the highest commission property

2. Show all properties regardless of the commission rates

3. Only present the properties that best fit the client's needs

4. Always recommend the properties with the lowest rates

5. Discuss only the properties that are easy to sell

6. Introduce properties sequentially based on client's interest

The correct answer is: Show all properties regardless of the commission rates

When a salesperson finds properties with varying remuneration rates, the REBBA Code of Ethics requires them to show all properties regardless of the commission rates. This is to ensure that the salesperson acts in the best interest of the client by providing them with all available options, allowing the client to make an informed decision based on their needs and preferences. Showing all properties also upholds transparency and prevents any conflict of interest that may arise if the salesperson were to only introduce properties with higher commission rates. In contrast, the other options provided in the question are not in line with the REBBA Code of Ethics. For example, introducing only the highest commission property, showing only properties that best fit the client's needs, recommending only properties with the lowest rates, discussing properties that are easy to sell, or introducing properties sequentially based on client's interest may not always align with acting in the client's best interest as required by the Code of Ethics.