Humber/Ontario Real Estate Course 2 Exam Practice

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When multiple buyers from the same brokerage compete for the same property, what is this situation called?

  1. It is not considered multiple representation since both clients are buyers

  2. It is not considered multiple representation as different salespeople represent each buyer

  3. It must involve a conflict where one client is released

  4. Clients from the same brokerage do not compete

  5. Brokerage must notify the clients about the situation

  6. This is a multiple representation situation

The correct answer is: It is not considered multiple representation since both clients are buyers

When multiple buyers from the same brokerage compete for the same property, this situation is not considered as multiple representation since both clients are buyers. Multiple representation typically occurs when a single real estate agent or brokerage represents multiple parties in a transaction, usually the buyer and the seller. In the scenario described in the question, although both buyers are represented by the same brokerage, they are on the same side of the transaction as buyers, and there is no conflict of interest as both parties are seeking to purchase the same property. Therefore, it is important to understand that this situation does not constitute multiple representation in real estate terms.

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