Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 2 Exam with comprehensive quizzes that include flashcards and multiple-choice questions. Enhance your knowledge and confidence in real estate concepts to excel in the examination!

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What's the correct way for a seller to terminate a listing agreement when dissatisfied with the current brokerage?

  1. Speak directly to the brokerage

  2. Request termination via another agent

  3. Proceed with new brokerage without informing

  4. Cancel agreement without notice

  5. Seek legal help for cancellation

  6. Terminate by mutual consent

The correct answer is: Speak directly to the brokerage

The correct answer is A. Speaking directly to the brokerage is the appropriate and professional way for a seller to terminate a listing agreement when dissatisfied with the current brokerage. This allows for clear communication and the opportunity to discuss any issues or concerns before officially terminating the agreement. Options B, C, D, and E are not recommended courses of action. Requesting termination via another agent, proceeding with a new brokerage without informing the current brokerage, canceling the agreement without notice, or seeking legal help for cancellation can lead to misunderstandings, breach of contract, or legal complications. Option F, terminating by mutual consent, is a valid way to end a listing agreement if both parties agree to the termination terms. However, in the context of the question, the best initial step is for the seller to address their concerns directly with the current brokerage.

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