Final answer:
True. A real estate agent selling their own home still needs approval from their principal broker for advertising.
Step-by-step explanation:
True. When a real estate agent is selling their own home and wants to advertise it, they still need approval from their principal broker for the advertising. This is because even though they may own the property, they are still operating as a licensed agent and are subject to the rules and regulations of their brokerage.
The principal broker is responsible for ensuring that the advertising is in compliance with state real estate laws and regulations, as well as any ethical guidelines set by the brokerage. This helps to protect both the agent and the brokerage from potential legal and ethical issues.
For example, the principal broker may review the advertising materials to ensure that they accurately represent the property and do not contain any misleading or false information. They may also verify that the agent is using proper disclosures and disclaimers in the advertising, as required by law.