Humber/Ontario Real Estate Course 2 Exam Practice

When an offer is presented by a co-operating brokerage's representative, which principle must be maintained with the seller client?

1. Confidentiality of the listing brokerage

2. Respect for the client relationship with the listing brokerage

3. Full disclosure of all competing offers

4. Exclusivity of the listing brokerage during negotiations

5. Non-interference with the buyer's representative

The correct answer is: Respect for the client relationship with the listing brokerage

When an offer is presented by a co-operating brokerage's representative, it is crucial to maintain respect for the client relationship with the listing brokerage. This means acknowledging and honoring the existing contract and relationship that the seller client has with their listing brokerage. It is important to conduct yourself ethically and professionally in these situations by recognizing the representation boundaries set by the listing brokerage. By choosing respect for the client relationship with the listing brokerage as the correct answer, it highlights the significance of honoring agreements and relationships in real estate transactions. Options A, C, D, and E are not the most suitable answers in this context. Confidentiality of the listing brokerage, full disclosure of all competing offers, exclusivity of the listing brokerage during negotiations, and non-interference with the buyer's representative are important concepts in real estate transactions, but they are not the primary principle that must be maintained with the seller client in this specific scenario.