Humber/Ontario Real Estate Course 4 Exam Practice

Which of the following is NOT a correct way to find properties suitable for a buyer?

1. Classified ads remain a popular choice when advertising listed property.

2. Hot sheets are automated reports customized and sent to your buyer based on details entered in the buyer client's portal.

3. Local listing service databases offer search and reporting tools not available to the public.

4. Mapping features are rarely found or used in real estate apps.

5. Networking with local agents.

6. Talking directly to homeowners.

The correct answer is: Mapping features are rarely found or used in real estate apps.

The option regarding mapping features being rarely found or used in real estate apps is accurate as it highlights a misconception. In reality, mapping features are commonly utilized and are considered essential tools in many real estate applications. These features allow buyers to visualize property locations, assess neighborhood amenities, and analyze market trends in specific areas. Considering the other methods mentioned, they all represent effective strategies for locating properties that suit a buyer's needs. Classified ads can effectively target potential buyers, while hot sheets provide personalized and timely property listings through technology, enhancing the search experience. Local listing services empower agents with advanced tools for reporting and analysis, giving them an edge in the marketplace. Networking with local agents builds valuable relationships that can lead to exclusive listings, and direct conversations with homeowners can uncover properties that may not yet be officially listed. Each of these methods plays a significant role in navigating the real estate landscape effectively.