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?
Correct Answer
A) Recordkeeping duties and advertising compliance are distinct obligations, but both fall under the broker's supervisory responsibilities.
Under Georgia's GREC License Law and Rules (O.C.G.A. § 43-40-18 and GREC Rule 520-1-.07), the supervising broker bears responsibility for overseeing all aspects of brokerage operations, including both recordkeeping and advertising compliance. While these are separate regulatory requirements, both are direct supervisory obligations of the broker, who must establish and enforce policies and procedures governing each area.
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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?
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