Humber/Ontario Real Estate Course 4 Exam Practice

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What scenario demonstrates an effective method for finding real estate clients?

Online advertising only
Client referrals
Exclusively holding open houses
Cold calling potential leads
Just duty time allocation
Focusing on social media outreach

The correct answer is: Client referrals

Client referrals are seen as a highly effective method for finding real estate clients because they are based on trust and personal recommendations. When a satisfied client refers their friends, family, or acquaintances to a real estate agent, it carries a strong endorsement of the agent's services. This type of referral often leads to high-quality leads who are more likely to become clients. Building a network of satisfied clients who actively refer new clients can significantly boost a real estate agent's business. In contrast, the other options mentioned in the question may also be used to find clients but may not be as effective or reliable as client referrals.