Humber/Ontario Real Estate Course 4 Exam Practice

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Regarding new listings, what should Salesperson Jenkins keep in mind when approaching other homes on the street?

  1. Jenkins should not approach homeowners of already listed properties.

  2. Jenkins should not meet others on the street as they are not the target audience.

  3. Jenkins cannot provide any details regarding the listing price to neighbors.

  4. Jenkins can only approach neighbors who have consented to receive information from Jenkins' brokerage.

The correct answer is: Jenkins should not approach homeowners of already listed properties.

When approaching other homes on the street, Salesperson Jenkins should keep in mind that he should not approach homeowners of already listed properties. Approaching homeowners of already listed properties can create ethical and legal conflicts, as these homeowners have already engaged another brokerage for representation. It is important for real estate professionals to respect existing contracts and relationships between homeowners and their current real estate representatives. Options B, C, and D are not directly related to the ethical consideration of approaching homeowners of already listed properties. Meeting others on the street or providing details regarding listing prices to neighbors are not necessarily unethical if done with consent and within legal boundaries. Option D, which mentions only approaching neighbors who have consented to receive information, is a good practice but not the primary concern outlined in the question.