Humber/Ontario Real Estate Course 3 Exam Practice

What might be included in a schedule attached to a buyer representation agreement?

1. Only one schedule can be included

2. List of added services provided

3. Excluded properties previously viewed

4. Details about property features and types

5. Previous purchase offers

6. Mortgage financing terms

The correct answer is: List of added services provided

A schedule attached to a buyer representation agreement can include various details that clarify the services offered and other relevant information concerning the buyer's representation. The inclusion of a list of added services provided is crucial, as it helps outline what the buyer can expect from their representative beyond the standard services. This transparency can enhance the buyer's understanding of the agreement and foster trust between the buyer and the agent. In contrast, including only one schedule or stating that specific excluded properties are previous views is generally not comprehensive enough to reflect the full agreement’s scope or the breadth of the services being offered. Furthermore, while including details about property features and types can be beneficial, it is not a standard part of what is typically listed in a buyer representation agreement schedule. Previous purchase offers and mortgage financing terms are typically not included in this type of schedule, as they pertain more to the transaction process rather than the representation itself.