Humber/Ontario Real Estate Course 2 Exam Practice

If a seller informs Salesperson Lee that the roof was recently repaired, what is the appropriate action Lee should take?

1. Record this information without further discussion

2. Ask for a paid invoice or similar document

3. Check the roof and estimate the repair date

4. Advise that no mention is needed, as buyers can inspect

5. Include this information to enhance the home's value

6. Ignore and focus on other aspects of the listing

The correct answer is: Ask for a paid invoice or similar document

When a seller informs a real estate salesperson that a repair has been done on the property, it is crucial for the salesperson to ask for supporting documentation such as a paid invoice or a similar document. This is important for several reasons: 1. Verification: Asking for documentation helps verify the information provided by the seller. It ensures that the repair was indeed carried out professionally and can provide more details on the scope and quality of the work done. 2. Disclosure: Having a paid invoice or similar document allows the salesperson to disclose accurate and verified information to potential buyers. This helps in building trust with buyers and reduces the risk of misunderstandings or disputes in the future. 3. Professionalism: Requesting supporting documentation demonstrates professionalism on the part of the salesperson. It shows that they take their role seriously and are committed to providing accurate and reliable information to all parties involved in the transaction. Therefore, in this scenario, asking for a paid invoice or similar document is the most appropriate action for Salesperson Lee to take to ensure transparency, accuracy, and professionalism in the real estate transaction.