Real Estate Council of Alberta Fundamentals Practice Exam

What additional measure is taken if an agent has received an Advisory Note?

1. They may be issued a fee increase

2. They can bypass disciplinary proceedings

3. A Letter of Reprimand may be issued

4. They are required to attend training

The correct answer is: A Letter of Reprimand may be issued

When an agent receives an Advisory Note, it serves as a formal indication that there have been observed areas of concern regarding their professional conduct or business practices. The purpose of this note is to inform the agent about these concerns and help them realize the need for improvement. If the situation does not improve, the next step may involve issuing a Letter of Reprimand, which is a more formal expression of disapproval. This letter outlines the specifics of the issues observed, serves as a warning, and may be documented as part of the agent's professional record. This security measure is important for maintaining standards within the real estate profession and ensuring that agents are held accountable for their actions. In contrast, the other options suggest alternative measures that do not align with the purpose of an Advisory Note. Adjustments, bypassing disciplinary proceedings, or mere attendance in training may not effectively address the concern raised in the Advisory Note, highlighting why the issuance of a Letter of Reprimand is the appropriate subsequent action.