Humber Real Estate - Course 2, Module 9, Exam Questions and Answers (Solved Papers) What details can be confirmed on GeoWarehouse? - Correct Answers ✅- Property lot measurements
- Registered owner(s) of the property
- Last sale date of the property, with the sale price
- Assessed value of the property
- Legal description of the property
- Description of the property (i.e. "single-family detached
- Total square footage of the property
- Various reports about the neighbourhood (crime rates, etc.)
- How much did the seller pay for the property?
- Are there any past disclosures about the property?
- Do an internet search using the property address
home"
Before a pre-listing presentation, what details can you find in the archives of the local listing service? - Correct Answers ✅- When did the seller buy the property?
How can you determine any misuse or stigma associated with a property? - Correct Answers ✅- Check with the local police department
Before scheduling a pre-listing presentation, what question should you ask the seller? - Correct Answers ✅Are you 1 / 3
Humber Real Estate - Course 2, Module 9, Exam Questions and Answers (Solved Papers) working with another salesperson or brokerage? If they say yes, you should end further communication with them.If not, you can ask them why they are selling their property.What are the components of a pre-listing presentation? - Correct Answers ✅- Information about the history and success of the brokerage
- Information about yourself
- Applicable forms, such as a representation agreement,
- Past and current client testimonials
- Supporting documentation (i.e. other listings, market trend
- Overall strategy for establishing a listing price and
data sheet and property disclosure forms
information and related analysis to assist in the discussion)
marketing their property 2 / 3
Humber Real Estate - Course 2, Module 9, Exam Questions and Answers (Solved Papers)
- Information about current market conditions (i.e. whether
- Flashlight
- Camera
- Notepad
- / 3
it's a seller's market, buyer's market or balanced market) How long is a FINTRAC form kept on file for? - Correct Answers ✅5 years What tools are required for taking your own measurements of the property? - Correct Answers ✅- Measuring tool (i.e.laser measuring device, digital measuring wheel, tape measure)
What type of defect would it be if a property experienced extensive basement flooding during the spring thaw but cannot be detected in the winter? - Correct Answers ✅A material latent defect.True or false? The non-disclosure of a known serious latent defect may invalidate the contract. - Correct Answers ✅True To avoid future legal issues and protect both the seller and the brokerage, you would do what during a pre-listing