Broker associate Lisa wants to advertise that she is a 'REALTOR®' in her Colorado real estate ads. Which statement correctly describes the requirements for using this designation in advertising?
Correct Answer
D) Lisa may use 'REALTOR®' only if she is a member of the National Association of REALTORS® and her advertising also includes the licensed firm name
The term 'REALTOR®' is a registered trademark of the National Association of REALTORS® (NAR) and may only be used by members of NAR. Lisa must be an active NAR member to use this designation. Additionally, under CREC advertising rules, her advertising must still comply with all CREC requirements, including displaying the licensed firm name. Both conditions — NAR membership and CREC advertising compliance — must be met.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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