Humber/Ontario Real Estate Course 3 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Humber/Ontario Real Estate Course 3 Exam with our comprehensive quiz. Dive into engaging practice questions that will enhance your understanding and readiness for the test. Elevate your confidence and get ready to ace your exam!

Start Multiple Choice Practice Test
Start Flash Cards

Practice this question and more.

When assisting a buyer, what is an important aspect that Salesperson Alex should clarify?

  1. The resale value of the property

  2. The differences between customer and client roles

  3. The environmental concerns related to the property

  4. The financial benefits of purchasing the property

  5. The detailed property inspection findings

  6. The market trends in the area

The correct answer is: The differences between customer and client roles

Clarifying the differences between customer and client roles is crucial because it sets the foundation for the relationship between the salesperson and the buyer. Understanding these distinctions ensures that the buyer knows whether they are receiving general information as a customer or more personalized, fiduciary services as a client. This clarity helps in managing expectations and fosters trust, which is essential in the real estate transaction process. Having this understanding also ensures that the salesperson can represent the buyer's interests appropriately and protect their rights throughout the transaction. Without this clarity, there can be confusion about the level of service and obligation that the salesperson has towards the buyer.

More Questions Like This