A licensee distributes printed flyers advertising a residential listing. The flyers include property photos, price, and features but do not display the licensee's name or the brokerage firm's name anywhere on the material. Which GREC advertising requirement has been violated?
Correct Answer
B) The requirement that all advertising include proper licensee and firm identification
GREC Rule 520-1-.09 requires that all real estate advertising by a licensee include the name of the licensed firm under which the licensee operates. This ensures the public can identify the responsible brokerage and promotes accountability. Omitting both the licensee's name and the firm's name from the flyer is a direct violation of this identification requirement.
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Which of the following records is NOT required to be maintained by a Georgia real estate broker for three years?
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Broker Janet's trust account shows a shortage of $2,500 during a routine audit. She claims it's due to a bank error and will be corrected. What is GREC's likely response?