100+ Free ON Real Estate Sim 1 Practice Questions

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2026 Statistics

Key Facts: ON Real Estate Sim 1 Exam

75%

Passing score for Simulation Exam 1, matching the program standard

Ontario Real Estate Salesperson Program (Humber / RECO)

About 50 questions

Scenario-based multiple-choice questions on the scored exam

Ontario real estate exam prep sources (2026)

Multiple choice

The scored exam is MCQ, not a live role-play in front of an evaluator

Humber Real Estate Simulation 1 exam guidance (2026)

Courses 1-3

Simulation 1 applies material from the first three salesperson courses

Humber Real Estate Salesperson Program

2-3 hours

Prep sources cite a 2-hour exam; Humber's page describes a three-hour invigilated sitting

Humber College program page and prep sources

TRESA

The Trust in Real Estate Services Act framework governs representation, offers and disclosure

Real Estate Council of Ontario (RECO)

Residential

Simulation 1 focuses on residential transactions; Simulation 2 covers commercial

Humber Real Estate Salesperson Program

100

Free original scenario-based practice questions here

OpenExamPrep

Ontario Real Estate Simulation Exam 1 is the graded, scenario-based multiple-choice exam that follows Simulation Session 1 in the RECO-approved Salesperson Program delivered by Humber College. It applies the residential knowledge from Courses 1 to 3 (TRESA registration, residential transactions and representation) to realistic situations rather than testing single facts. The scored exam is multiple choice (commonly about 50 questions) and is separate from the interactive simulation session; the passing standard is 75%. Most prep sources describe a 2-hour exam, while Humber's program page describes a three-hour invigilated sitting. This 100-question bank provides original scenario-based practice across representation, the Agreement of Purchase and Sale, conditions, multiple offers, disclosure and TRESA ethics.

Sample ON Real Estate Sim 1 Practice Questions

Try these sample questions to test your ON Real Estate Sim 1 exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1A buyer contacts a salesperson and says they want help purchasing a home but do not want to sign anything yet. Under TRESA, before the salesperson provides services that establish a client relationship, the salesperson must:

A.Refuse to speak with the buyer until a representation agreement is signed

B.Disclose the nature of the representation being provided and explain the difference between client and self-represented party status

C.Automatically treat the buyer as a self-represented party for the entire transaction

D.Tell the buyer that all services are free until closing

Explanation: TRESA requires registrants to disclose the nature of the representation being provided so the consumer understands whether they are a client or a self-represented party. This must happen before or at the time services are provided, so the buyer can make an informed choice. A written agreement is required for representation, but the disclosure of status comes first.

2A self-represented party (SRP) is buying a home listed by your brokerage, which represents the seller. The SRP asks you to give them advice on how much to offer. The most appropriate response is to:

A.Provide a full opinion of value as you would for a client

B.Decline to advise or advocate for the SRP, while still providing factual information and treating them fairly and honestly

C.Refuse to communicate with the SRP at all

D.Sign the SRP up as a client to give the advice

Explanation: You owe a self-represented party honesty and fair dealing and may provide factual information, but you cannot advise, advocate for, or promote their interests because you represent the seller. Offering an opinion of value as their advisor would create a conflict and breach your duty to your client. You may suggest they obtain independent advice.

3Under TRESA, the representation agreement that creates a client relationship between a consumer and a brokerage is made with the:

A.Individual salesperson personally

B.Brokerage, with services provided through its registrants

C.Real Estate Council of Ontario

D.Listing portal or board

Explanation: Representation agreements are between the consumer and the brokerage; salespersons and brokers act on behalf of the brokerage. This is why a client's relationship continues with the brokerage even if an individual salesperson leaves, and why brokerage policies govern how representation is delivered.

4Your brokerage lists a property and is also working with a buyer who wants to make an offer on it. Under TRESA's designated representation model, the brokerage may handle this by:

A.Assigning different designated representatives to the seller and the buyer so each receives full representation

B.Forcing one of the parties to become a self-represented party

C.Cancelling the listing immediately

D.Disclosing all confidential information from both sides to keep things fair

Explanation: TRESA's designated representation allows a brokerage to assign separate designated representatives to each client so both can receive full representation without one having to give up client status. The brokerage must have policies that protect each client's confidential information between the designated representatives.

5A seller client instructs you to tell prospective buyers that the basement has 'never leaked,' but you know from a prior inspection report you received that it flooded two years ago. You should:

A.Follow the client's instruction because the client controls the listing

B.Refuse to make the false statement, because you cannot misrepresent a material fact even on a client's instruction

C.Make the statement but add 'as far as I know'

D.Tell only buyers who ask directly

Explanation: A registrant cannot knowingly make a false or misleading statement about a material fact, regardless of a client's instructions. The duty under TRESA to deal honestly and not to misrepresent overrides the client's wish. You should advise the client that the statement cannot be made and that the prior flooding may need to be disclosed.

6A buyer client tells you in confidence the maximum price they can afford. During negotiations, the listing salesperson asks you directly what your buyer's top price is. You should:

A.Disclose the maximum to speed up the deal

B.Keep the information confidential unless your client has authorized you to share it

C.Share it only if the listing salesperson promises secrecy

D.Hint at the number without stating it exactly

Explanation: Confidential client information, including a buyer's maximum price, must not be disclosed without the client's authorization, even after the relationship ends. Revealing it would breach your duty of confidentiality and harm your client's negotiating position. Only the client can authorize disclosure.

7A consumer asks you to act as their buyer representative, but they have an existing unexpired buyer representation agreement with another brokerage. The most appropriate action is to:

A.Sign them up immediately and ignore the other agreement

B.Advise them that they may already be bound to another brokerage and should review or resolve that agreement before signing with you

C.Tell them all such agreements are unenforceable

D.Backdate a new agreement to avoid overlap

Explanation: An existing unexpired representation agreement may bind the consumer to another brokerage and could expose them to a commission claim. The proper step is to advise the consumer to review the other agreement and resolve it (for example, confirm expiry or obtain a release) before entering a new one, and to recommend independent advice if needed.

8A salesperson is unsure how a specialized commercial lease clause affects a residential client's purchase of a mixed-use property. The TRESA duty of competence requires the salesperson to:

A.Guess based on general knowledge to keep the deal moving

B.Recognize the limits of their expertise and recommend the client obtain advice from a qualified professional such as a lawyer

C.Refuse to continue representing the client

D.Copy a clause from another transaction without review

Explanation: Competence under TRESA includes recognizing the limits of one's knowledge and recommending that the client seek advice from a qualified professional, such as a lawyer or accountant, when a matter falls outside the registrant's expertise. This protects the client and reduces the registrant's risk of giving incorrect advice.

9Your seller client receives an offer from a buyer who, you discover, is your own brother-in-law. Under TRESA this is a conflict of interest situation that requires you to:

A.Hide the relationship to avoid complicating the deal

B.Disclose the personal relationship in writing to your client before any further action

C.Automatically reject the offer

D.Reduce your commission to make up for it

Explanation: A personal relationship with a party to a transaction is a conflict of interest that must be disclosed to the client in writing so the client can make an informed decision. Concealing the relationship would breach the duty of honesty and the conflict-of-interest rules. Disclosure, not rejection, is the required step.

10A buyer who is a self-represented party asks you, the seller's representative, to draft the Agreement of Purchase and Sale on their behalf and include conditions to protect them. The best response is to:

A.Draft a fully protective agreement as if they were your client

B.Provide standard form documents and factual information but advise them to obtain their own representation or legal advice for protective terms

C.Tell them they cannot make an offer without a representative

D.Add protective conditions silently to be fair

Explanation: You may provide factual information and standard forms to a self-represented party, but advising on or drafting protective terms in their favour is advocacy you owe only to a client. Because you represent the seller, you should give factual help and direct the SRP to obtain their own representation or independent legal advice for terms that protect their interests.

About the ON Real Estate Sim 1 Exam

Simulation Exam 1 is the graded multiple-choice assessment that follows Simulation Session 1 in the Ontario Real Estate Salesperson Program, RECO's approved pre-registration pathway delivered by Humber College. It is the bridge between theory and practice: after Courses 1, 2 and 3 teach registration and TRESA, residential transactions and the practice of representation, Simulation 1 asks candidates to apply that knowledge to realistic, often ambiguous residential scenarios. Despite the name, the scored exam is multiple choice, not a live role-play in front of an evaluator; the 'simulation' refers to the scenario-based question style. Items test how a registrant should handle multiple offers, draft and interpret the Agreement of Purchase and Sale, manage conditions and deadlines, disclose material facts, and resolve ethical conflicts under the TRESA Code of Ethics. Candidates must score 75% to pass, and must have completed Courses 1 to 3 (each at 75%) and Simulation Session 1 within their two-year window to be eligible.

Assessment

Scored, scenario-based multiple-choice exam (commonly about 50 questions) drawn from Courses 1 to 3 and Simulation Session 1. Each item presents a realistic residential transaction situation and asks for the best course of action. The interactive Simulation Session 1 is a separate component; the scored exam itself is multiple choice, not a live role-play.

Time Limit

Roughly 2 to 3 hours. Third-party prep sources commonly cite a 2-hour exam; Humber's official program page describes a three-hour invigilated exam covering Simulation Session 1 content.

Passing Score

75%, the same standard as every graded assessment in the Ontario Real Estate Salesperson Program (about 38 of 50 on a 50-question exam).

Exam Fee

No separate exam-only fee; the cost is included in the provider's Simulation Session 1 / pre-registration fees. Re-write fees apply for candidates who must re-sit after a failure. (Humber College Real Estate Education (RECO-approved provider); proctored online by Meazure Learning)

ON Real Estate Sim 1 Exam Content Outline

20%

Representation and Agency Relationships

Scenarios applying TRESA representation rules: representing a client vs. dealing with a self-represented party, brokerage and salesperson obligations, designated representation, identifying and managing conflicts of interest, and disclosing the nature of representation before providing services or showing properties.

20%

Agreement of Purchase and Sale

Drafting and interpreting the OREA Agreement of Purchase and Sale and its schedules: completion, requisition and title dates, chattels vs. fixtures, deposit terms and 'herewith/upon acceptance', irrevocable periods, amendments, waivers, notices of fulfillment, and ensuring the written agreement reflects the parties' intentions.

15%

Conditions, Clauses and Deadlines

Evaluating financing, home inspection, status certificate (condominium) and sale-of-buyer's-property conditions; conditional vs. firm offers; fulfilling, waiving or letting a condition lapse; mutual release of a dead deal; and managing overlapping deadlines so the buyer or seller does not breach the contract.

15%

Multiple Offers and Competing Bids

Following TRESA's multiple-offer procedure: confirming the number of competing offers, the optional open (disclosed) offer process where a seller may choose disclosure, equal and fair treatment of all buyers, prohibited conduct such as disclosing the content of competing offers without authority, and advising clients in a bidding situation.

15%

Disclosure and Material Facts

Disclosing material facts, latent and patent defects, stigmatized property, measurement and property condition representations, the appropriate use of a Seller Property Information Statement, and resolving the tension between the duty to disclose under TRESA and the duty of confidentiality owed to a client.

15%

RECO / TRESA Compliance and Ethics

Applying the TRESA Code of Ethics and RECO requirements to ethical dilemmas: honesty, fairness and best interests of the client, competence and referral to other professionals, confidentiality, deposit and trust-account handling, advertising rules, and recognizing when to advise a client to obtain independent legal, financial or inspection advice.

How to Pass the ON Real Estate Sim 1 Exam

What You Need to Know

Passing score: 75%, the same standard as every graded assessment in the Ontario Real Estate Salesperson Program (about 38 of 50 on a 50-question exam).
Assessment: Scored, scenario-based multiple-choice exam (commonly about 50 questions) drawn from Courses 1 to 3 and Simulation Session 1. Each item presents a realistic residential transaction situation and asks for the best course of action. The interactive Simulation Session 1 is a separate component; the scored exam itself is multiple choice, not a live role-play.
Time limit: Roughly 2 to 3 hours. Third-party prep sources commonly cite a 2-hour exam; Humber's official program page describes a three-hour invigilated exam covering Simulation Session 1 content.
Exam fee: No separate exam-only fee; the cost is included in the provider's Simulation Session 1 / pre-registration fees. Re-write fees apply for candidates who must re-sit after a failure.

Keys to Passing

Complete 500+ practice questions
Score 80%+ consistently before scheduling
Focus on highest-weighted sections
Use our AI tutor for tough concepts

ON Real Estate Sim 1 Study Tips from Top Performers

1Treat each question as a transaction situation, not a definition: identify your role, your client, and what TRESA requires before you pick an answer.

2Master the TRESA multiple-offer procedure, including the optional open (disclosed) offer process and the rule against revealing the content of competing offers without authority.

3Know the Agreement of Purchase and Sale cold: irrevocable periods, deposit handling, chattels vs. fixtures, completion and requisition dates, and how waivers and notices of fulfillment work.

4For ethical dilemmas, rank your obligations: TRESA duties and disclosure of material facts generally outrank a client's wish to stay silent, even when disclosure may end the deal.

5Practise condition timelines on paper so you can see when a condition is fulfilled, waived, or lapsed and whether a mutual release is needed.

6Because the exam is open book but scenario-based, build quick-reference notes on duties and procedures rather than relying on looking up isolated facts during the exam.

Frequently Asked Questions

Is Simulation Exam 1 a role-play or a multiple-choice exam?

The scored Simulation Exam 1 is multiple choice. The 'simulation' refers to its scenario-based questions, not a live role-play in front of an evaluator. The interactive Simulation Session 1 is a separate part of the program from the graded exam.

How many questions are on Simulation Exam 1 and what is the passing score?

Prep sources commonly describe about 50 scenario-based multiple-choice questions with a 75% passing score (about 38 of 50), the same 75% standard used across the Ontario Real Estate Salesperson Program.

How long is the exam?

Allow roughly 2 to 3 hours. Many prep resources cite a 2-hour exam, while Humber's official program page describes a three-hour invigilated exam covering Simulation Session 1 content. Confirm the current duration on your provider's exam-booking page.

What material does Simulation 1 cover?

It draws on Courses 1, 2 and 3: TRESA registration and ethics, residential transactions, and the practice of representation. Expect multiple offers, the Agreement of Purchase and Sale, conditions and deadlines, disclosure of material facts, and ethical decision-making.

Is the exam open book?

It is generally open book using provider materials, but because the questions are applied and scenario-based, looking up a single fact rarely settles the answer. You usually need to judge a situation and choose the best course of action.

Are these official Humber or RECO exam questions?

No. These are original OpenExamPrep practice questions modelled on the TRESA framework and the program's scenario style. Humber College and RECO provide the official exam and study materials separately.