Humber/Ontario Real Estate Course 4 Exam Practice

When must a salesperson inform a seller that they are providing customer services to a buyer?

1. At the first opportunity but not later than when discussing the seller's property with the buyer.

2. Before showing the property to the buyer.

3. Prior to the presentation of an offer to the seller.

4. Seller does not need to be informed since the buyer is not a client.

5. Within 24 hours after discussing the property with the buyer.

6. Once an agreement of purchase and sale has been signed by the buyer.

The correct answer is: Before showing the property to the buyer.

A salesperson must inform a seller that they are providing customer services to a buyer before showing the property to ensure transparency. This early communication is essential because it establishes the nature of the relationship and clarifies any potential conflicts of interest. By informing the seller prior to the showing, the salesperson allows the seller to understand that the buyer is not being represented as a client, which influences how the seller may choose to disclose information about the property. This practice aligns with the principles of ethical conduct and professionalism within real estate transactions, which emphasize the importance of clear communication and informed consent. Providing this information at an earlier stage also helps to prevent misunderstandings and fosters trust between all parties involved in the transaction. The other choices do not align as effectively with the principles of clear communication and ethical practice within real estate. For example, informing the seller after discussing the property or presenting an offer would not allow the seller to make informed decisions during the sale process.