Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 2 Exam. Utilize flashcards and multiple choice questions with hints and explanations. Get exam-ready!

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What must a client do to adjust the listing price through a brokerage?

  1. Provide written instructions to the brokerage.

  2. Directly contact the real estate board.

  3. Rewrite a new listing agreement.

  4. Sign an amendment form without written instructions.

  5. Request verbal consent from the brokerage.

  6. Notify the MLS for direct changes.

The correct answer is: Provide written instructions to the brokerage.

In order to adjust the listing price through a brokerage, the client must provide written instructions to the brokerage. This ensures that there is clear and documented communication between the client and the brokerage regarding the change in the listing price. Providing written instructions helps to avoid any potential misunderstandings and ensures that all parties are in agreement with the adjustment. Options B, C, D, E, and F are not correct because they do not involve the necessary step of providing written instructions to the brokerage. Directly contacting the real estate board, rewriting a new listing agreement, signing an amendment form without written instructions, requesting verbal consent from the brokerage, or notifying the MLS for direct changes do not meet the standard requirement of providing written instructions to the brokerage for adjusting the listing price.