Humber/Ontario Real Estate Course 1 Exam Practice

When advertising sales volume by a team, what guideline must Salesperson Scott follow?

1. Not permitted to advertise team sales volume

2. Must not advertise dollar figures per Registrar guidelines

3. Clearly identify team size or all registrants within the team

4. Obtain approval from Registrar for team sales volume ads

The correct answer is: Clearly identify team size or all registrants within the team

When advertising sales volume by a team, Salesperson Scott must clearly identify the team size or all registrants within the team. This guideline is important to provide transparency and clarity to potential clients or customers. By clearly identifying the team size or all registrants, Scott ensures that there is no misleading information in the advertisements and that individuals viewing the ads understand the context of the sales volume being promoted. Option A is incorrect because advertising team sales volume is permitted as long as the guideline of clearly identifying team size or all registrants within the team is followed. Option B is incorrect because it does not address the specific requirement related to identifying team size or registrants within the team, which is the key aspect that Scott must adhere to when advertising team sales volume. Option D is incorrect because obtaining approval from the Registrar for team sales volume ads is not a stated guideline in this context. The important requirement is to clearly identify the team size or all registrants within the team when advertising sales volume.