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?
Correct Answer
A) The firm's name as registered with GREC
GREC requires that all advertising include the firm's name as registered with GREC. This ensures proper identification and accountability. A and D are insufficient identification. B includes unnecessary information not required for firm advertising.
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Broker Sarah maintains her trust account records but has not reconciled the account for the past 45 days. During a GREC audit, what violation has occurred?
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Under GREC rules, a supervising broker has oversight responsibilities in multiple areas of brokerage operations. Which of the following statements about broker supervision duties is correct?