Humber/Ontario Real Estate Course 3 Exam Practice

A listing agent continues to market a property after the seller requested no showings for a month. What could this indicate about the agency relationship?

1. The agent is fulfilling their obligation to the client.

2. The brokerage has neglected an essential trust component in the agency relationship.

3. The agent is prioritizing the best interests of potential buyers.

4. The agent acted within their rights as the seller's understanding was insufficient.

5. An agency relationship allows brokerage discretion in marketing decisions.

6. The brokerage is always required to follow prior marketing strategies.

The correct answer is: The brokerage has neglected an essential trust component in the agency relationship.

The situation describes a breach of the trust component inherent in the agency relationship. In real estate, an agent has a fiduciary duty to act in the best interest of their client, which includes respecting the client's wishes regarding the marketing of their property. When the seller explicitly requests no showings for a month, the agent's decision to continue marketing the property undermines this trust and disregards the seller's instructions. This action may indicate a lack of proper communication or understanding between the brokerage and the seller, showcasing that the brokerage is not honoring the essential fiduciary responsibilities expected in an agency relationship. Maintaining the trust and confidence of the client is paramount, and disregarding their request signifies a failure in upholding this principle, which is crucial for all real estate professionals to ensure a successful working relationship with their clients.