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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Who represents the seller in a seller representation (listing) agreement prepared and signed by Salesperson Kayla of XYZ Realty Ltd.?

Both Salesperson Kayla and XYZ Realty Ltd. are agents and equally represent the seller.
Salesperson Kayla is the agent and represents the seller.
Seller Bane is a customer and not represented by Salesperson Kayla or XYZ Realty Ltd.
XYZ Realty Ltd. is the agent and represents the seller.

The correct answer is: Seller Bane is a customer and not represented by Salesperson Kayla or XYZ Realty Ltd.

In this scenario, the correct answer is C because it highlights that Seller Bane is considered a customer and is not represented by either Salesperson Kayla or XYZ Realty Ltd. When Salesperson Kayla prepares and signs a seller representation agreement on behalf of XYZ Realty Ltd., the seller in this case would be considered a customer. This means that neither Salesperson Kayla nor the brokerage firm, XYZ Realty Ltd., are representing the seller's interests in the transaction. Instead, they are providing services and facilitating the transaction without officially acting as representatives or advocates for the seller.