BC Real Estate Trading Services Licensing Exam Practice · Question
Navjot, an unlicensed assistant, regularly hosts open houses for his employing brokerage, Bright Sky Realty. During these open houses, Navjot provides detailed information about the properties for sale, answers questions about features, and discusses potential financing options with prospective buyers. Is Navjot's conduct permissible under the Real Estate Services Act?
Section 3(1) of the Real Estate Services Act states that an individual must be licensed to provide real estate services. Providing detailed property information
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Question: Navjot, an unlicensed assistant, regularly hosts open houses for his employing brokerage, Bright Sky Realty. During these open houses, Navjot provides detailed information about the properties for sale, answers questions about features, and discusses potential financing options with prospective buyers. Is Navjot's conduct permissible under the Real Estate Services Act?
Answer options: ✅ No, because only a licensed individual can provide detailed property information and discuss financing options with prospective buyers.
- Yes, as long as a licensed managing broker supervises his activities at the open house.
- Yes, provided he clearly discloses his unlicensed status to all attendees.
- No, but he could perform these tasks if he were a licensed associate broker.
Correct answer: No, because only a licensed individual can provide detailed property information and discuss financing options with prospective buyers.
Explanation: Section 3(1) of the Real Estate Services Act states that an individual must be licensed to provide real estate services. Providing detailed property information and discussing financing options are activities that fall under giving information or opinions about real estate, which constitute providing real estate services.
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Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
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