Humber/Ontario Real Estate Course 3 Exam Practice

When advertising sales volume for a team, what should be considered?

1. Salesperson Scott is not permitted to advertise sales volume based on a team effort

2. The Registrar guidelines do not permit the advertising of sales volumes, only trading activity

3. A combined team sales volume can be advertised provided that the ad clearly identifies all registrants within the team

4. Team advertising involving sales volumes must first be approved by the Registrar

5. All team members must individually agree to the advertisement

6. Sales volumes must be verified by an independent auditor

The correct answer is: A combined team sales volume can be advertised provided that the ad clearly identifies all registrants within the team

When advertising sales volume for a team, it is important to consider that a combined team sales volume can be advertised provided that the advertisement clearly identifies all registrants within the team. This ensures transparency and accountability by disclosing all members involved in achieving the sales volume being advertised. Options A, B, D, E, and F are incorrect: A. Salesperson Scott is not permitted to advertise sales volume based on a team effort - This option limits the advertising of sales volume solely to an individual salesperson, which is not always the case when a team contributes to the sales volume. B. The Registrar guidelines do not permit the advertising of sales volumes, only trading activity - This option inaccurately restricts advertising to only trading activity, overlooking the possibility of advertising sales volumes under the appropriate conditions. D. Team advertising involving sales volumes must first be approved by the Registrar - While seeking approval for team advertising is important, it is not a strict requirement for all cases of advertising sales volumes. E. All team members must individually agree to the advertisement - While it is advisable to have the agreement of all team members, it is not a mandatory requirement for advertising team sales volume. F. Sales volumes must be verified by an independent auditor - While verification by an independent auditor