- Study guides, Class notes & Summaries

RECA Residential Unit 8: Q&A All Correct 2023 What do REPs have a regulatory obligation to present and discuss with the consumer? - Answer - The Consumer Relationship guide (the Guide) By signing the guide (the consumer relationship guide), is the consumer committed to work with the particular real estate professional/brokerage? - Answer - No 2 types of consumer relationships - Answer - client and customer Difference between Common Law Agency relationship and Designated Agency Relati...

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8 pages

Written in 2023/2024

Grade A+

Academicaffairs

RECA Residential Unit 8: Q&A All Correct

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7 pages

Written in 2022/2023

Grade A+

LeCrae

What does performance of the agreement refer to? - CORRECT ANSWERPerformance refers to the fact that the services were provided, a buyer was found and the seller's property was sold. What should a REP do if a seller has ended a service agreement and they suspect that the seller is trying to do a private sale (avoid paying the REP) - CORRECT ANSWERAlert the broker of this matter. The service agreement is actually between the broker and the seller. It is the brokerage that would pursue any...

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6 pages

Written in 2024/2025

Grade A+

ACADEMICMATERIALS

RECA Residential Unit 8 test with correct answers 2024

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6 pages

Written in 2023/2024

Grade A+

ACTUALSTUDY

RECA Residential Unit 8: Q&A All Correct 2023 What do REPs have a regulatory obligation to present and discuss with the consumer? - Answer - The Consumer Relationship guide (the Guide) By signing the guide (the consumer relationship guide), is the consumer committed to work with the particular real estate professional/brokerage? - Answer - No 2 types of consumer relationships - Answer - client and customer Difference between Common Law Agency relationship and Designated Agency Relati...

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8 pages

Written in 2023/2024

Grade A+

chrismaishndirangu