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Trela Trec RulesAdvertising_rulesMEDIUM

Under TREC rules, a license holder places a 'Coming Soon' sign on a property that the license holder expects to list soon but has not yet signed a listing agreement with the owner. Under TREC rules, is this permitted?

Correct Answer

B) No, a license holder should not advertise a property for which they do not have a signed listing agreement with the property owner

Under TREC rules, advertising a property without a signed listing agreement from the property owner is improper. The license holder does not have authorization to market the property until a listing agreement is executed.

Answer Options
A
Yes, 'Coming Soon' signs are not advertising and are exempt from TREC rules
B
No, a license holder should not advertise a property for which they do not have a signed listing agreement with the property owner
C
Yes, 'Coming Soon' signs help build market interest and are encouraged by TREC
D
No, but only if the sign includes the asking price

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Related Topics & Key Terms

Key Terms:

coming_soonlisting_agreementunauthorized_advertisingproperty_owner
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