ON Real Estate Sim 1 Practice Questions - Ontario Real Estate Simulation Exam 1 (Salesperson Program) Exam

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Your brokerage lists a property and is also working with a buyer who wants to make an offer on it. Under TRESA's designated representation model, the brokerage may handle this by:

Assigning different designated representatives to the seller and the buyer so each receives full representation Forcing one of the parties to become a self-represented party Cancelling the listing immediately Disclosing all confidential information from both sides to keep things fair

Correct Answer:

Assigning different designated representatives to the seller and the buyer so each receives full representation

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