Humber/Ontario Real Estate Course 2 Exam Practice

If a salesperson lists a commercial property that his uncle is interested in, what should the salesperson do?

1. Disclose the family relationship to the seller

2. Need not disclose anything

3. Have another salesperson present the offer

4. Terminate the agency relationship with the seller

5. Treat the uncle as a client

6. Withdraw from representing either party

The correct answer is: Disclose the family relationship to the seller

In this scenario, the correct course of action for the salesperson is to disclose the family relationship to the seller. This is because the relationship between the salesperson and the potential buyer (uncle) could potentially create a conflict of interest or be perceived as unethical if not disclosed. By being transparent about the connection, it helps maintain trust between the salesperson and the seller, ensuring that all parties are aware of the situation. Therefore, option A is the correct choice. The other options are not the ideal response in this situation.