Humber/Ontario Real Estate Course 3 Exam Practice

A salesperson, in consultation with the buyer client, identifies four properties that generally meet the buyer's criteria. The listing information indicates a variance in remuneration rates of 3.5%, 4.0%, 5.0%, and 5.5% respectively. According to the REBBA Code of Ethics, the salesperson should:

1. Only introduce the property with the highest remuneration rate.

2. Introduce all four properties, regardless of remuneration rates.

3. Only introduce two of the four properties that most closely meet the criteria.

4. Introduce only the property with the lowest remuneration rate.

The correct answer is: Introduce all four properties, regardless of remuneration rates.

Introducing all four properties regardless of the remuneration rates aligns with the REBBA Code of Ethics, which emphasizes the obligation of real estate professionals to act in the best interests of their clients. This practice promotes transparency and ensures the client has access to all available options that meet their criteria, rather than limiting choices based on potential remuneration. By presenting all properties, the salesperson empowers the buyer to make a fully informed decision based on their preferences and needs. This approach fosters trust and ethical conduct, which are foundational principles outlined in the REBBA Code of Ethics. It also encourages the salesperson to prioritize their client's best interests over personal financial incentives, which may skew decision-making. In contrast, focusing on properties with specific remuneration rates could lead to conflicts of interest and does not serve the buyer's needs effectively.