Humber/Ontario Real Estate Course 4 Exam Practice

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REBBA outlines certain duties for dealing with clients and customers. Which of the following is NOT specified under these duties?

  1. Advise clients and customers to seek other experts when necessary.

  2. Ensure all provided information is accurate.

  3. Protect and promote clients' and customers' interests.

  4. Treat both customers and clients with fairness and honesty.

  5. Champion the negotiation prowess of the brokerage.

  6. Maintain confidentiality of client's sensitive information.

The correct answer is: Champion the negotiation prowess of the brokerage.

The correct answer, which indicates that "Champion the negotiation prowess of the brokerage" is NOT specified as a duty under REBBA, makes sense within the context of the outlined responsibilities. REBBA emphasizes the importance of protecting client interests, ensuring accurate information, and maintaining confidentiality. These duties focus on the professional conduct and ethical obligations required in transactions, which do not directly include promoting the negotiation capabilities of the brokerage itself. The other duties reflect key principles of professionalism and ethical conduct in real estate practice. Advising clients and customers to seek other experts when necessary underscores a commitment to ensuring that they receive well-rounded advice. Ensuring the accuracy of provided information is fundamental to establishing trust and transparency in transactions. Protecting and promoting clients' and customers' interests is a core obligation that aligns with the fiduciary duties real estate professionals have. Treating all parties with fairness and honesty aligns with principles of equity and integrity, essential in maintaining a positive industry reputation. Lastly, maintaining confidentiality of sensitive information is critical for building trust between clients and their agents. These aspects highlight the essential framework of duties outlined by REBBA, uniquely positioning the role of real estate professionals, while championing negotiation abilities of the brokerage does not fall within these specified obligations.