Humber/Ontario Real Estate Course 3 Exam Practice

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What is the most appropriate step for a salesperson when a property meets proximity to public transit but not schools, given the client's priorities?

  1. Advise the clients to consider reviewing and prioritizing what is more important to them: proximity to public transit or schools.

  2. Encourage the clients to make an offer on the current property since it meets one priority.

  3. Expand the search criteria to include a larger area of Anycity.

  4. Have the clients consider another home, closer to schools but farther from public transit.

  5. Provide the clients with details of the best school in the current neighborhood.

  6. Suggest that the clients negotiate the price due to the location disadvantage.

The correct answer is: Expand the search criteria to include a larger area of Anycity.

Expanding the search criteria to include a larger area is the most appropriate step in this scenario because it allows the clients to explore a wider range of options that might better meet their priorities regarding both public transit and schools. By broadening the geographical area, the clients may discover properties that are located within close proximity to both essential amenities, thereby addressing their needs more comprehensively. Additionally, this approach demonstrates flexibility and a willingness to assist the clients in finding a home that aligns with all of their priorities, rather than settling for a property that only partially fulfills their requirements. It emphasizes the importance of thorough market knowledge and an understanding of the clients’ needs, which is essential for a salesperson in real estate. The other options might not fully address the clients' needs or may even limit their choices in a competitive market. Prioritizing is helpful, but it can also lead to missing out on suitable properties if the search criteria are too narrow. Encouraging an offer on a property with only one priority met could lead to regret later if the clients feel they compromised too much. Considering other homes might not address the best of both worlds that they are seeking, while negotiating due to a perceived disadvantage may not be a constructive step without considering a broader perspective on available options