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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Which activity is an example of real estate supply activities?

Advertising a property for sale
Showing properties to potential buyers
Negotiating a sale
Completing transaction paperwork

The correct answer is: Completing transaction paperwork

Real estate supply activities refer to the processes involved in supplying properties to the market for sale or rent. Option A, advertising a property for sale, is an example of a real estate demand activity, as it aims to attract potential buyers or tenants. Option B, showing properties to potential buyers, is also a demand activity, as it involves the process of presenting properties to clients who are interested in buying or renting. Option C, negotiating a sale, is a part of the sales process and not specifically related to real estate. Option D, completing transaction paperwork, involves fulfilling all legal requirements and finalizing the sale or rental of a property, making it the correct answer as it is a crucial step in the supply process.