Ontario Real Estate Licensing Exam Practice · Question
If a brokerage is acting in multiple representation, what is one of the limited services it can continue to provide to both the buyer and seller?
In multiple representation, the brokerage's ability to act solely in the best interests of either client is compromised. Services are limited, primarily to conv
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Question: If a brokerage is acting in multiple representation, what is one of the limited services it can continue to provide to both the buyer and seller?
Answer options:
- Advising the buyer on how much to offer below the listing price.
- Recommending the seller accept a specific offer over others. ✅ Forwarding factual information about the property to the buyer, such as municipal taxes.
- Providing an opinion on the true market value of the property to both parties.
Correct answer: Forwarding factual information about the property to the buyer, such as municipal taxes.
Explanation: In multiple representation, the brokerage's ability to act solely in the best interests of either client is compromised. Services are limited, primarily to conveying factual information and facilitating communication without providing advice that would favour one client over the other. Providing factual information, such as property taxes, is permitted as it is not preferential advice.
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