Humber/Ontario Real Estate Course 2 Exam Practice

When two salespersons from the same brokerage represent competing buyers for the same property, what does REBBA consider this situation to be?

1. The seller client who owns the property is not part of the multiple representation.

2. The fact that there are two competing buyer clients is not deemed to be multiple representation because the two clients are not involved in the same transaction, but only with the same property.

3. This circumstance is deemed to be multiple representation, even though the buyers are not involved in the same transaction.

4. The brokerage must ensure that the competing buyers are aware of each other, prior to either being shown the property.

The correct answer is: This circumstance is deemed to be multiple representation, even though the buyers are not involved in the same transaction.

In this scenario, when two salespersons from the same brokerage represent competing buyers for the same property, REBBA considers this situation to be multiple representation. This is because even though the buyers are not directly involved in the same transaction, they are both clients of the same brokerage and are being represented by salespersons within the same brokerage. Option A is incorrect because the seller client is indeed part of the multiple representation as they are involved in the transaction with two competing buyers represented by the same brokerage. Option B is incorrect because even though the buyers are not involved in the same transaction, they are still represented by salespersons from the same brokerage, which falls under the definition of multiple representation. Option D is incorrect because while it is important for the brokerage to maintain transparency and ensure that the competing buyers are aware of each other, this requirement alone does not change the fact that the situation is considered as multiple representation under REBBA.