Humber/Ontario Real Estate Course 2 Exam Practice

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What should be included in a buyer representation agreement schedule?

  1. List of competitor properties

  2. Services offered to the buyer client

  3. Excluded neighborhoods

  4. Details of properties seen so far

  5. Disclaimers about potential defects

  6. Proving agents charges

The correct answer is: Services offered to the buyer client

In a buyer representation agreement schedule, it is important to include the services that will be offered to the buyer client. This helps to outline the scope of services that the real estate agent will provide to the buyer throughout the home buying process, ensuring that both parties are clear on expectations and responsibilities. Including a list of competitor properties, excluded neighborhoods, details of properties seen so far, disclaimers about potential defects, or proving agent charges are not typically included in this section of the agreement and are better suited for other parts of the contract or discussion during the real estate transaction.

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