Ontario Real Estate Licensing Exam Practice · Question
Sarah wants to sell her condominium in Ottawa. Her salesperson, John, provides her with the RECO Information Guide. What is the primary purpose of providing this guide to Sarah?
The RECO Information Guide, required under TRESA, provides consumers with essential information about working with a real estate agent, including representation
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Question: Sarah wants to sell her condominium in Ottawa. Her salesperson, John, provides her with the RECO Information Guide. What is the primary purpose of providing this guide to Sarah?
Answer options: ✅ To help Sarah understand the role of a real estate agent and the different ways registrants can represent clients or deal with other parties.
- To outline the specific marketing strategy John will employ to sell Sarah's condo.
- To serve as a legally binding contract between Sarah and John's brokerage.
- To provide Sarah with a list of recommended home inspectors and lawyers.
Correct answer: To help Sarah understand the role of a real estate agent and the different ways registrants can represent clients or deal with other parties.
Explanation: The RECO Information Guide, required under TRESA, provides consumers with essential information about working with a real estate agent, including representation options and registrant duties.
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