Lesson 25 Quiz: Advertising Rules and Regulations

Which of the following must be in ALL real estate advertising?

Name and telephone number of broker

When using e-mail communications in real estate advertising or transactions, the broker's name, telephone number, and city and state must be listed:

On the first or last page

The penalty for a first offense advertising violation is:

$75

Team advertising is governed by LREC rules. The following are all TRUE EXCEPT:

Teams may not advertise, only individual agents may advertise.

Agents Sally and Steve work for ABC Realty as team which they call The ABC Team. If they advertise as ABC Realty Team, what could be wrong with the ad?

The ad could convey that the team is a brokerage company.

Flyers placed in a box by the "for sale" sign offering information about the listed property should also include:

The month and year that it was printed, published, or distributed.

Who may sign a listing agreement on behalf of the heirs of a property?

A person holding power of attorney for all heirs

Which of the following would NOT be used to describe the term "conspicuous"?

Discreet

TRUE OR FALSE: Franchise companies are not under the jurisdiction of the Louisiana Real Estate Commission.

FALSE

Team Super Sales published an ad in the TimeSaver Real Estate Section which included a picture of their team. In addition to the two licensed salespersons on the team along with their first and last names, they also included Betty who schedules showings and Barry who installs yard signs for a team of four. What's wrong with this ad?

Betty and Barry are not licensed and should not be included as team members.

Agent Al placed an ad in the newspaper advertising his newest listing. Since he was paying for the ad he didn't think he needed to let his broker know about the ad. Which of the following statements is TRUE?

This is a violation of the rules & regulations of the LREC because the sponsoring broker must approve all advertising.

Agent Al listed a property which was owned by three siblings, two of which lived out of state. The owner living in state, Brother Bob, signed the agreement stating that his two siblings had given him permission to sell the property. Al did not think it feasible to have the other two sign since they were out of state so he listed the property with just one owner's signature. Which of the following is TRUE?

Unless the other owners gave their power of attorney to Brother Bob, Al is in violation.

Sally Sue Smith placed an ad in her local newspaper advertising her newest listing. In the ad she listed her name as "Sue Smith" . Is this a violation?

Yes, unless she has registered the name as a "DBA"

Any person listed as a group or team member in an advertisement must be:

a licensee sponsored by the sponsoring broker.

In advertising by real estate teams, team members must be listed by which of the following:

first and last name