Ontario Real Estate Practice Course 1 Test – Pass the Ontario License Exam in 2025

The correct answer is A. A new home sales career is often less structured than residential resales. In reality, new home sales are usually more structured than residential resales. New home sales involve working closely with builders and developers, following their specific processes and timelines, and often require more training and product knowledge compared to traditional residential resale transactions.

Regarding the other options:

B. This statement is correct. Commercial sales are indeed typically grouped under four categories, including retail and office.

C. This statement is correct. Knowledge about non-resident sellers and unique zoning requirements is crucial for recreational properties.

D. This statement is correct. Proximity to public transit is important when determining the value of commercial office space.

E. This statement is incorrect. Residential resales can involve flexible hours, including evenings and weekends, to accommodate clients' schedules.

F. This statement is correct. Commercial properties often do require knowledge of industrial and multi-family units.