Humber/Ontario Real Estate Course 2 Exam Practice

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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.

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!

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When is a salesperson required to inform a seller about the possibility of multiple representation?

After the listing agreement is signed, but before putting up a sale sign
Before another salesperson from any brokerage shows the property
Before a purchase and sale agreement is signed by the seller
Before asking the seller to sign a listing agreement
Before taking property photos
Before the first client meeting

The correct answer is: Before asking the seller to sign a listing agreement

A salesperson is required to inform a seller about the possibility of multiple representation before asking the seller to sign a listing agreement. This is an important step in the process to ensure that the seller is aware of the potential for the salesperson to represent both the buyer and the seller in the transaction. By informing the seller at this stage, the salesperson can provide transparency and allow the seller to make an informed decision about how they wish to proceed with the representation. Options A, B, C, E, and F are not the correct times to inform the seller about the possibility of multiple representation.