Sales associate Carmen wants to create business cards for networking events. According to Florida advertising requirements, what information must appear on her business cards?
Correct Answer
C) Her name and her employing broker's name or trade name
Correct: Business cards must include the sales associate's name and employing broker's name or registered trade name per F.S. 475.42. Why not A: Broker identification is mandatory on all advertising materials including business cards. Why not B: License numbers are not required on advertising materials. Why not D: FREC contact information is not required on licensee advertising materials.
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Sales associate David wants to create business cards for networking events. What must appear on his business cards to comply with Florida law?
Real estate broker Sarah discovers that her sales associate Mark has been placing earnest money deposits into his personal checking account instead of the broker's escrow account. Mark claims he always transfers the funds within 24 hours. What should Sarah do according to Florida law?
Earnest money deposits in Florida must be placed in escrow within:
- → Broker Thompson discovers that earnest money from a failed transaction has been sitting in his escrow account for 18 months. The buyer and seller cannot agree on disbursement. What is Thompson's best course of action under Florida law?
- → A Florida broker must register sales associates with DBPR within:
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- → Broker Martinez operates under the trade name 'Sunshine Realty' which is properly registered with the state. Can his sales associates use 'Sunshine Realty' in their advertising instead of Martinez's personal name?
- → Sales associate Mike wants to place a 'For Sale' sign on a listed property. Under Florida law, whose name must appear on the sign?
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- → Broker Johnson discovers that one of his sales associates has been placing Craigslist ads for listings without including the brokerage name, only using 'Call Lisa for details.' What is Broker Johnson's responsibility under Florida law?
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Previous Question
Under Florida law, real estate licensees may include all of the following in their advertising EXCEPT:
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During a compensation audit in Tampa, a sales associate is entitled to 60% of the brokerage's side of the commission. The property sold for $360,000, the total commission was 6.00%, and the brokerage earned 50% of the total commission. What is the associate's share?