Humber/Ontario Real Estate Course 3 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 3 Exam. Study with challenging questions and detailed explanations to enhance your understanding. Get ready to excel in your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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When a first-time homebuyer wants to make an offer without conditions, what must the real estate salesperson do?

  1. Advise the buyer of the possible repercussions

  2. Follow the buyer's instructions without discussion

  3. Encourage the buyer to sign to expedite the process

  4. Inform the buyer that conditions are rarely used in these cases

  5. Ignore the buyer's request and add conditions unilaterally

  6. Refuse to serve the client

The correct answer is: Advise the buyer of the possible repercussions

When a first-time homebuyer wants to make an offer without conditions, the real estate salesperson must advise the buyer of the possible repercussions. It is crucial for the agent to educate the buyer on the risks involved in making an unconditional offer. By doing so, the real estate salesperson fulfills their duty to act in the best interest of the client, providing them with valuable information to make an informed decision. Options B, C, D, E, and F are not the correct choices because they do not align with the professional responsibilities of a real estate salesperson. Simply following the buyer's instructions without discussion, encouraging the buyer to sign quickly, informing the buyer that conditions are rarely used, unilaterally adding conditions without the buyer's consent, or refusing to serve the client are not appropriate actions in this scenario. It is essential for the real estate salesperson to ensure that the buyer understands the implications of their decision by advising them accordingly.