Humber/Ontario Real Estate Course 1 Exam Practice

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Prepare for the Humber Real Estate Course 1 Exam. Access our quiz with multiple choice questions and detailed explanations. Boost your readiness for the exam!

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When presenting a buyer's offer to a seller client, the seller can:

  1. Only accept or counter the buyer's offer

  2. Only reject or counter the buyer's offer

  3. Only counter in terms of price

  4. Accept, reject, or counter the offer

  5. Accept or reject but not counter

The correct answer is: Accept, reject, or counter the offer

When presenting a buyer's offer to a seller client, the seller has the ability to choose among three options: accept, reject, or counter the offer. This means that the seller is not limited to only accepting or countering the offer as in option A. Additionally, the seller is not restricted to only rejecting or countering the offer as in option B, or only countering in terms of price as in option C. The correct answer, option D, encompasses the full range of possibilities available to the seller when presented with a buyer's offer, allowing them to make an informed decision based on their preferences and the terms of the offer.