Humber/Ontario Real Estate Course 4 Exam Practice

A buyer is shown a house that meets only one of their priorities. What should the buyer's agent do in this situation?

1. Expand the search criteria to cover a larger area of the city.

2. Immediately consider alternative homes that meet all priorities.

3. Advise making an offer since one priority is met.

4. Recommend reviewing their priorities and select the most important one.

5. Consider the current home and look for more properties simultaneously.

6. Suggest settling for the current property regardless of unmet priority.

The correct answer is: Expand the search criteria to cover a larger area of the city.

In a situation where a buyer is shown a house that meets only one of their priorities, it is essential for the buyer's agent to help them explore a broader range of options that may satisfy more of their criteria. By expanding the search criteria to cover a larger area of the city, the agent opens up the possibility of finding properties that meet more, if not all, of the buyer's priorities. This approach not only provides the buyer with a wider selection of homes but also fosters a more satisfactory purchasing experience. It can help the buyer see that there may be other neighborhoods or types of properties they hadn't previously considered that could better accommodate their needs and preferences. This method encourages flexibility and creativity in the search, which is paramount in a competitive real estate market where options may be limited. Other choices do not effectively consider the bigger picture for the buyer. For instance, immediately considering alternatives or suggesting to settle without meeting other priorities may lead to dissatisfaction in the long term.