RECA Fundamentals of Real Estate
Unit 5 Exam Questions & Answers
(Grade A+)
Non-representation relationship -
correct answer ✅A Real estate pro working with a party to trade in
real estate buy is not acting on behalf of that party, Is considered
the customer
Representational relationship -
correct answer ✅Real estate pro ask for one of the parties to trade
or potential trade in real estate on behalf of the brokerage, is
considered the client
5 d's of role clarity -
correct answer ✅1. discuss
2. Determine
3. Document
4. Disclose, representative capacity
5. Do, actions consistently
benefits of ensuring your role is understood -
correct answer ✅1. complies with regulatory requirements
2. enhances image of real estate pros
, RECA Fundamentals of Real Estate
Unit 5 Exam Questions & Answers
(Grade A+)
3. prevent unintended real estate relationships
4. verifies responsibilities
5. clarifies services
6. reduces disputes
Types of customers -
correct answer ✅1. Customer represented with a different
brokerage
2. Customer trades with client of brokerage
3. Brokerage client trades with another brokerage client
4. Consumer wants to be unrepresented
Services provided to customers -
correct answer ✅1. Provide stats and info
2. Provide standard form+agreements
3. Complete standard forms+agreements as per customers
instructions
4. Recommend other industry pros
5. deliver offers+counter offers to and from the client
Unit 5 Exam Questions & Answers
(Grade A+)
Non-representation relationship -
correct answer ✅A Real estate pro working with a party to trade in
real estate buy is not acting on behalf of that party, Is considered
the customer
Representational relationship -
correct answer ✅Real estate pro ask for one of the parties to trade
or potential trade in real estate on behalf of the brokerage, is
considered the client
5 d's of role clarity -
correct answer ✅1. discuss
2. Determine
3. Document
4. Disclose, representative capacity
5. Do, actions consistently
benefits of ensuring your role is understood -
correct answer ✅1. complies with regulatory requirements
2. enhances image of real estate pros
, RECA Fundamentals of Real Estate
Unit 5 Exam Questions & Answers
(Grade A+)
3. prevent unintended real estate relationships
4. verifies responsibilities
5. clarifies services
6. reduces disputes
Types of customers -
correct answer ✅1. Customer represented with a different
brokerage
2. Customer trades with client of brokerage
3. Brokerage client trades with another brokerage client
4. Consumer wants to be unrepresented
Services provided to customers -
correct answer ✅1. Provide stats and info
2. Provide standard form+agreements
3. Complete standard forms+agreements as per customers
instructions
4. Recommend other industry pros
5. deliver offers+counter offers to and from the client
