Agent Kim is a licensed Maryland salesperson who recently obtained a real estate license in Virginia as well. She creates a website advertising properties in both states. The website prominently displays 'Kim Park — Licensed in MD & VA' and the name of her Maryland brokerage, but does not identify her Virginia brokerage (which is different from her Maryland brokerage). A buyer from Virginia contacts her through the website. Which statement best describes the compliance status of this website under Maryland MREC regulations?
Correct Answer
D) The website may violate MREC regulations because advertising Virginia properties without identifying the Virginia brokerage could be considered misleading to consumers
While Maryland's MREC regulations primarily govern advertising within Maryland's jurisdiction, a website accessible to Maryland consumers that advertises real estate services in multiple states without clearly identifying the brokerage affiliation for each state's services could be considered misleading. MREC's prohibition on misleading advertising applies to the overall impression created by the advertisement. Consumers viewing the site might reasonably assume Kim's Maryland brokerage covers both states, creating a false impression. Proper disclosure of the separate Virginia brokerage affiliation is necessary to avoid a misleading advertisement finding.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
More Practice Of Real Estate Questions
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