Humber/Ontario Real Estate Course 4 Exam Practice

What must a salesperson do to comply with the REBBA Code of Ethics when providing information to a buyer?

1. Ensure the buyer signs acknowledgment of receipt.

2. Make efforts to obtain written acknowledgment from the buyer regarding information sent out.

3. No requirement for signature on customer service agreements.

4. Ensure acknowledgment is signed before showing properties.

5. Obtain acknowledgement only if the services include multiple representations.

6. Ensure acknowledgment is obtained only for listing agreements.

The correct answer is: Make efforts to obtain written acknowledgment from the buyer regarding information sent out.

The correct response emphasizes the importance of making efforts to obtain written acknowledgment from the buyer regarding any information that is provided. This is consistent with the REBBA Code of Ethics, which mandates that real estate professionals handle all dealings transparently and responsibly. By obtaining written acknowledgment, the salesperson ensures that the buyer is fully informed and has confirmed their understanding of the information provided, fostering trust and clarity in the transaction process. This acknowledgment serves as protection for both the buyer and the salesperson, reinforcing ethical practices within real estate dealings. Other options may imply requirements or situations that do not encompass the broader obligation of ensuring understanding and acknowledgment for all information provided to buyers under REBBA guidelines, rather than focusing on specific circumstances or types of agreements alone. The requirement is a general practice applied in all interactions, rather than limited to specific types of agreements or conditions.