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Practice Of Real EstateAdvertising_regulationsMEDIUM

The 'Smith Home Team' operates under supervising broker ABC Realty. The team places a Facebook ad for one of its listings featuring only the team's logo, the team's tagline and the lead agent's photograph. Under real estate advertising rules, what is the defect in the ad?

Correct Answer

B) It omits the name of the supervising broker

Advertising rules require an ad placed by a team or an individual licensee to identify the brokerage that supervises them, so a consumer can tell which licensed firm is accountable for the ad. The team's own branding may be entirely accurate and the ad still fails because ABC Realty's name is absent. Social media ads are treated like print and broadcast ads for this purpose, and both the team and the supervising broker carry exposure for the omission.

Answer Options
A
It uses a team name rather than the individual licensee's legal name
B
It omits the name of the supervising broker
C
It advertises a specific property on a social media platform
D
It shows the lead agent's photograph rather than the broker's

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Related Topics & Key Terms

Key Terms:

Smith Home TeamABC Realty omittedFacebook listing adsupervising brokerteam identification rule

Related Concepts

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

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