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!

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When Salesperson Dale wants to distribute sold cards for a property listed by another brokerage before the sale concludes, what must he do?

  1. Dale should directly ask the seller for written consent.

  2. Dale must make the request through the listing brokerage.

  3. Dale needs only the written consent of his buyer client.

  4. Dale requires no consent as such actions are permitted by default.

  5. Dale should obtain verbal consent from both parties involved in the sale.

  6. Dale should seek permission from the local real estate board.

The correct answer is: Dale must make the request through the listing brokerage.

The correct approach for Dale is to make the request through the listing brokerage. This process respects the established protocols in real estate transactions that require communication to occur within the framework of existing agency relationships. Listing brokerages have the legal and ethical obligation to manage all aspects of the transaction, including the distribution of sold cards, ensuring that the interests of both the seller and the buyer are properly represented. By going through the listing brokerage, Dale adheres to the rules and maintains professional integrity, which is crucial for maintaining positive relationships within the industry. This process also helps in ensuring that all parties adhere to the conditions set forth in the listing agreement and avoids any potential conflicts or misunderstandings. Other options may suggest alternative methods of obtaining consent that do not conform with the expected professional protocols within the real estate industry, which can lead to complications in transactions and breaches of agency obligations.