Question

A new salesperson in the office has not been able to sign up any new listings. To bring in more business for herself, she places an ad in the classified section of the local newspaper advertising another agent's listing. "Beautiful 9 room colonial, 3 full baths, excellent condition, spectacular mountain views. Call 123-4567 for more details." The ad brings in many calls from potential purchasers. Which of the following is TRUE?

A. This is a new and creative way of marketing
B. It is prohibited to advertise property without indicating the name of the broker/office in the advertisement
C. This is prohibited conduct; she cannot advertise another agent's listing
D. As long as the salesperson has permission of the agent who has the listing, it is legal.

Answer 1

The salesperson is engaged in prohibited conduct by advertise property without indicating the name of the broker/office in the advertisement. Option B, it is prohibited to advertise property without indicating the name of the broker/office in the advertisement, is correct.

Step-by-step explanation:

Advertising a property without mentioning the listing broker/office is against real estate regulations. When an agent advertises a property, they must include their brokerage's name or their own name as the responsible party for the listing. By placing an ad for another agent's property without proper attribution, the salesperson is engaging in unethical and prohibited behavior within the industry. This practice not only misleads potential buyers but also violates the standard principles of fair competition and representation.

Real estate advertising rules are stringent in ensuring transparency and accountability, aiming to prevent deceptive practices that could misinform or confuse potential clients. Thus, in this scenario, the salesperson's action is not only unethical but also violates established advertising regulations.

Correct answer: B. It is prohibited to advertise property without indicating the name of the broker/office in the advertisement