Humber/Ontario Real Estate Course 4 Exam Practice

Which is a correct practice for Salesperson Sykes when wanting to advertise a sold property before closing?

1. Obtain written consent from the buyer client only.

2. Submit the request through the listing brokerage to get consent.

3. Seek direct written consent from the property seller.

4. No consent is needed for advertising a sold property.

5. Submit a consent request directly to the regional real estate board.

6. Notify the buyer verbally before proceeding.

The correct answer is: Submit the request through the listing brokerage to get consent.

Submitting the request through the listing brokerage to get consent is the correct practice for Salesperson Sykes when wanting to advertise a sold property before closing. This approach ensures that the necessary permissions are handled through the appropriate channels, adhering to the protocols set by the brokerage and maintaining professional standards in real estate advertising. It is important to recognize that the listing brokerage often has established procedures for handling consent for advertising, which might involve both the seller's and the buyer's agreement. This not only ensures compliance with the guidelines of the brokerage but also helps in protecting the rights and privacy of all parties involved in the transaction, including both the buyer and the seller. The other options are not suitable practices because they either do not follow the required protocol or may neglect the importance of obtaining proper consent from all relevant parties involved in the sale. For instance, obtaining written consent from only the buyer client overlooks the need for the seller's agreement, as the seller retains rights over how their property is marketed, regardless of the sale status. Seeking direct consent from the seller could be appropriate, but doing this informally without going through the listing brokerage may not align with best practices. Hence, following the brokerage procedure also enhances professionalism and accountability in real estate transactions.