Humber/Ontario Real Estate Course 4 Exam Practice

Salesperson McCartney can disclose which properties to his buyer client based on the REBBA Code of Ethics?

1. Properties offering varying commission rates

2. Only properties with the highest commission rate

3. Only properties without commission

4. All properties that meet the client’s requirements

5. Properties with the average commission rate

6. Only the property he believes suits them best

The correct answer is: All properties that meet the client’s requirements

The correct response is that salesperson McCartney can disclose all properties that meet his client’s requirements. This aligns with the principles of the Real Estate and Business Brokers Act (REBBA) Code of Ethics, which emphasizes the obligation of real estate professionals to act in the best interest of their clients. When a salesperson provides comprehensive information about all properties that satisfy a client's criteria, it ensures that the buyer has a complete view of their options, allowing for informed decision-making. Transparency in presenting all available properties is not only ethical but strengthens the trust between the client and the salesperson. In contrast, limiting disclosure to properties with specific commission structures or only presenting what the salesperson believes to be the best fit would not serve the buyer's interests comprehensively. It could potentially restrict the client's choices and lead to a lack of trust in the professional's commitment to their needs. The focus should always be on meeting the full range of client requirements rather than being constrained by commission considerations or personal bias.