Humber/Ontario Real Estate Course 4 Exam Practice

A salesperson registrant is showing a property to a buyer customer. In this situation:

1. The salesperson registrant is not permitted to assess the buyer's general needs and wants.

2. The salesperson registrant must protect and promote the best interests of that buyer.

3. The salesperson registrant must be honest when providing information and generally exercise care and skill.

4. The salesperson registrant need not disclose duties owed to that buyer, unless asked specifically by the buyer.

The correct answer is: The salesperson registrant must be honest when providing information and generally exercise care and skill.

In this scenario, the answer points to the obligation of the salesperson registrant to be honest and to exercise care and skill when providing information about the property to the buyer customer. This is fundamental to the practice of real estate, as all professionals in the field must maintain a standard of integrity and professionalism. Honesty is crucial, as it builds trust between the registrant and the buyer. Buyers rely on salespersons to provide accurate and truthful information to make informed decisions about their potential investments. Furthermore, exercising care and skill encompasses the responsibility to ensure that all relevant information—such as property conditions, market value, and other pertinent factors—is presented clearly and accurately. The other choices represent actions that either do not apply or are misaligned with the responsibilities of a salesperson registrant. While protecting the best interests of the buyer is commendable, in this case, the registrant's role is more one of a facilitator of information rather than an advocate, as they are working with a customer rather than a client. Additionally, while it is essential for the salesperson to disclose their duties, ethics require this transparency to be established early in the relationship rather than only on request. The assessment of the buyer's needs could be part of the process, but it’s not mandatory