Humber/Ontario Real Estate Course 2 Exam Practice

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What must be included in a written contract by a salesperson?

  1. Guarantee of mortgage approval

  2. Promise to purchase if not sold

  3. Design of promotional material

  4. Market analysis assurances

  5. Promised negotiation outcomes

  6. Financial advice provision

The correct answer is: Design of promotional material

In a written contract prepared by a salesperson, the design of promotional material must be included. This is because the design of promotional material is a crucial aspect of marketing a property effectively and attracting potential buyers. It ensures that the property is presented in a visually appealing and informative way to maximize its exposure in the market. The other options mentioned - guarantee of mortgage approval, promise to purchase if not sold, market analysis assurances, promised negotiation outcomes, and financial advice provision - are not typically requirements to be included in a written contract by a salesperson according to real estate regulations and best practices.

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