Posted by John Merchant on April 13, 2005 at 24:09:00:
The answer to this can quickly be found by a careful reading of your State’s RE Commission’s Rules or by a short conversation with one of the RE Auditors or Investigators in the REC.
They’ll know the answer (in their opinion, which might as well be law, even if they’re wrong…right?)immediately.
In my state, WA, YES a REA must disclose his licensed status in ANY RE ad he’s running, whether for a client’s or his own RE. This is a very clear and succinct RE Rule here in WA, not open to any other interpretation.
I’m a real estate agent (7 months), but I’m going to be starting a REI Company. My question is…when I advertise for my company, and it says my name, do I have to advertise my brokerage because I have a license as well? I think that will really make people think I’m trying to list their house, even though I’m trying to buy it. I know the laws are, when we advertise we have to say our brokerage’s name. But is that only if we are advertising as an AGENT to list someones home?
–Matt
Re: Law Advertising being a REA - Posted by Natalie-VA
Posted by Natalie-VA on April 13, 2005 at 10:45:11:
I am a RE Broker, not an attorney. You will need to read the regs in your state. Usually, if you are acting for yourself, you either have to advertise the brokerage’s name (if using their services) OR advertise that you are an agent. The regs are usually referring to selling a property, not buying one, but I would think that the standard would be the same.