Humber/Ontario Real Estate Course 1 Exam Practice

Which of the following must be included in an advertisement for real estate services?

1. Terms and conditions for promotions

2. Contact details of the salesperson

3. Consent from previous clients

4. Disclosure of additional fees and charges

5. Legal disclaimers for all services offered

6. Customer satisfaction guarantees

The correct answer is: Disclosure of additional fees and charges

In real estate advertising, transparency is crucial, particularly regarding any additional fees and charges that may apply to a service. Including this information ensures that potential clients are fully informed about the costs involved, which aligns with regulatory requirements aimed at protecting consumers. Providing disclosure of additional fees helps establish trust and can prevent misunderstandings or disputes later on. Clients appreciate clear communication about the financial aspects of real estate transactions, contributing to a more professional and ethical business practice. While it is important for advertisements to contain various types of information, disclosure of fees and charges is especially vital in creating an honest and straightforward transaction environment. Other options, such as terms and conditions, contact details, or legal disclaimers, while important, do not hold the same level of regulatory emphasis as ensuring consumers are aware of all potential costs related to a service.