Humber/Ontario Real Estate Course 4 Exam Practice

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How should a listing broker salesperson respond when a co-operating broker requests to show a property after an offer has been made?

  1. Protect interests of both buyer and seller

  2. No need to arrange another appointment

  3. Co-operating broker interferes by insisting on an appointment

  4. Encourage the showing to potentially obtain a higher price for the seller

The correct answer is: Encourage the showing to potentially obtain a higher price for the seller

When a co-operating broker requests to show a property after an offer has been made, the listing broker salesperson should encourage the showing to potentially obtain a higher price for the seller. By allowing the co-operating broker to show the property to their client, it creates the opportunity for multiple offers or a bidding war, which can result in a higher selling price for the seller. This action aligns with the listing broker's duty to act in the best interests of their client, the seller, and to strive for the best possible outcome in terms of price and terms.