Humber/Ontario Real Estate Course 2 Exam Practice

What condition must be met for a sales team to advertise their combined sales volume?

1. First get approval from the Registrar

2. Include only trading activity, not sales volumes

3. Not permitted to advertise team sales volume

4. Clearly identify all registrant members in the ad

5. Use only numerical data but no names

6. Avoid mentioning team effort in the advertisement

The correct answer is: Clearly identify all registrant members in the ad

The correct answer is D: Clearly identify all registrant members in the ad. This condition is necessary to ensure transparency and compliance with the Real Estate and Business Brokers Act (2002) in Ontario. By clearly identifying all registrant members in the advertisement, it provides clarity to the public and regulators about the individuals involved in the combined sales volume being advertised. This promotes accountability and credibility in real estate transactions. Options A, B, C, E, and F are incorrect because they suggest conditions or restrictions that are not required or specified under the regulations for advertising combined sales volume by a sales team.