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Oh Division Of Re Rules Disciplinary ProcessAdvertising_ohMEDIUM

An Ohio broker advertises 'Free home evaluation!' to attract potential sellers. The broker actually intends to use the evaluations as a marketing tool to generate listings. Under Ohio law, this advertisement is:

Correct Answer

A) Acceptable as long as the broker actually provides the evaluation at no charge and the brokerage name is included

Offering a free home evaluation (comparative market analysis) as a marketing tool is a common and acceptable practice in real estate. As long as the broker actually provides the evaluation at no cost and complies with advertising rules (including brokerage name), the advertisement is not misleading. Agents are allowed to provide CMAs as part of their marketing.

Answer Options
A
Acceptable as long as the broker actually provides the evaluation at no charge and the brokerage name is included
B
A violation because the service is not truly 'free' if it has a marketing purpose
C
A violation because only licensed appraisers can provide home evaluations
D
Acceptable only if the broker discloses the marketing intent in the advertisement

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Related Topics & Key Terms

Key Terms:

free_evaluationCMAmarketing_tooladvertising
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