Humber/Ontario Real Estate Course 1 Exam Practice

Which of the following activities is NOT considered trading in real estate for a new real estate course student?

1. Visiting a seller's home to get initials on a minor change to a listing agreement

2. Helping a salesperson at an open house by talking to a buyer prospect

3. Assisting a neighbor with setting a listing price for future sale

4. Attending an open house merely to observe and learn

The correct answer is: Attending an open house merely to observe and learn

Attending an open house merely to observe and learn is not considered trading in real estate because the activity does not involve any actual participation in the buying, selling, or negotiating of a real estate transaction. This activity is more focused on education and familiarization with the market, rather than engaging in transactions or providing services related to real estate activities. In contrast, the other activities mentioned involve some level of involvement in real estate transactions. Visiting a seller’s home to get initials on a minor change to a listing agreement implies direct engagement with a contractual element of the listing process. Helping a salesperson at an open house by engaging with a buyer prospect involves active participation in the sales process. Assisting a neighbor with setting a listing price for a future sale indicates involvement in consultative services tied to potential transactions. These activities align closely with the responsibilities and actions associated with trading in real estate.