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.

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 Salesperson Sykes wants to advertise a sold property that was listed by another brokerage before the sale closes, what is the proper procedure?

Ask the seller directly for written consent.
Communicate the request through the listing brokerage.
Obtain consent only from the buyer.
Proceed without any consent.
Publish the advertisement immediately following the initial acceptance of the offer.
Verify through the listing’s administrative office about advertisement permissions.

The correct answer is: Communicate the request through the listing brokerage.

When Salesperson Sykes wants to advertise a sold property that was listed by another brokerage before the sale closes, the proper procedure is to communicate the request through the listing brokerage. This is because during the listing agreement, the seller grants exclusive authority to the listing brokerage to market the property. Therefore, any advertising after the property is sold should be done through the original listing brokerage to ensure legal and ethical compliance. The other options are incorrect for the following reasons: - Option A suggests asking the seller directly for written consent, but without involving the listing brokerage, this can lead to potential conflicts and legal issues. - Option C mentions obtaining consent only from the buyer, which is not sufficient as the listing brokerage and seller also need to be involved in the process. - Option D, proceeding without any consent, is not appropriate as it goes against the established procedures and could lead to legal consequences. - Option E, publishing the advertisement immediately following the initial acceptance of the offer, is not the correct procedure as the sale has to close first before any advertising can be done. - Option F, verifying through the listing’s administrative office about advertisement permissions, is a good practice but does not address the direct communication needed with the listing brokerage for advertising a sold property.