Humber/Ontario Real Estate Course 2 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

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.

Start Multiple Choice Practice Test
Start Flash Cards

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.

When a first-time homebuyer is eager to make an offer on a new listing without any conditions, the real estate salesperson:

  1. Must caution the buyer client of the consequences of such an action.

  2. Should advise the buyer to move forward quickly to secure the property.

  3. Should educate the client on the benefits of a conditional offer.

  4. Should allow the buyer client to sign the agreement, in hopes that the unconditional offer will speed up the acceptance process.

  5. Should trust that the buyer's knowledge is sufficient to make an informed decision.

  6. Must inform the buyer that no conditions are necessary for newly listed properties.

The correct answer is: Must caution the buyer client of the consequences of such an action.

When a first-time homebuyer is eager to make an offer on a new listing without any conditions, the real estate salesperson must caution the buyer client of the consequences of such an action. This is the correct answer because it is crucial for the real estate agent to protect the best interests of their client. By advising the buyer about the potential risks of submitting an unconditional offer, the agent is fulfilling their fiduciary duty to provide sound advice and guidance. Options B, D, E, and F are incorrect because they do not prioritize the buyer's best interests or consider the potential risks involved in making an unconditional offer on a property. Option C, while emphasizing the benefits of a conditional offer, does not address the immediate need for the agent to advise the buyer on the consequences of proceeding without any conditions.

More Questions Like This