A Georgia licensee maintains a personal social media account where they regularly post property listings and promote their real estate services. The licensee does not include the name of their affiliated broker on these posts, believing that personal social media accounts are not subject to GREC advertising rules. Is this practice compliant with Georgia law?
Correct Answer
C) No, because all real estate advertising by a Georgia licensee must be under the broker's name or trade name, include truthful content, and comply with fair housing requirements.
Under GREC advertising rules and O.C.G.A. § 43-40-18, all advertising by a licensee — including social media posts — must be conducted under the supervision and in the name of the affiliated broker. Additionally, all real estate advertising must be truthful, not misleading, and must comply with fair housing laws prohibiting discriminatory content. Social media is not exempt from these requirements.
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- → According to GREC advertising rules, what name identification is required on a real estate yard sign placed on a listed property?
- → A newly licensed Georgia salesperson asks why exam preparation materials cover both recordkeeping and advertising rules in the same study section. What is the best explanation?
- → In a formal GREC disciplinary hearing regarding alleged license law violations by a licensee, what standard of proof must be met to support disciplinary action?
- → Agent Carlos Martinez violated GREC advertising rules by failing to include his brokerage name in multiple property advertisements. This is his first offense with no other violations on record. What is the most likely initial disciplinary action the GREC will take?
- → A Georgia licensee wants to advertise a property that the licensee personally owns. Under GREC advertising rules, which statement best describes the licensee's obligations?
- → Broker Davis discovers that $2,000 in earnest money was mistakenly deposited into his operating account instead of his trust account. What must he do immediately?
- → According to GREC regulations, what is the minimum period a Georgia broker must retain records of trust account transactions?
- → Real estate firm ABC Realty wants to advertise on social media. According to GREC advertising rules, what information must be included in their Facebook advertisement?
- → Agent Smith places a newspaper advertisement that reads 'Beautiful 3BR/2BA home, great location, call Smith 555-1234.' What GREC rule violation has occurred?
- → Broker Taylor's trust account is overdrawn by $500 due to a bank error. The bank corrects the error the next day. Must Taylor report this to GREC?
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Previous Question
A newly licensed salesperson at a Georgia brokerage asks the broker whether each agent in the office can create their own individual procedures for handling trust funds, maintaining transaction files, and reviewing advertisements. Which statement best describes the broker's supervisory obligations under GREC rules?
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Under Georgia real estate advertising and brokerage rules, which statement is NOT correct?