According to the Code of Ethics, Article 12,
Realtors shall be honest and truthful in their real estate communications and shall present a true picture in their advertising…..ensure that their status as a real estate professional is readily apparent..
OK, this means we have to put the company name in all communications and advertising and we have to disclose that we are a real estate professional up front. This is a higher standard than the law. The law says that we have to disclose that we are a licensee upon first serious negotiations. The Code of Ethics says we have to disclose up front. So, we have two different requirements. When this occurs, our obligation is to always follow the higher standard, in this case the Code of Ethics. Now, the code says we have to paint a true picture in our advertising. Article 12 covers guidelines for offering prizes, premiums, merchandise discounts to sell or buy. It also covers website adverting.
Understandably, Article 12 is one of the most violated Articles of the Code. Why, because we all advertise and as often as we can! Unfortunately, we might exaggerate or embellish a bit too much! Again, if we see an improper ad, call the REALTOR and suggest they review Article 12 for compliance!
If you would like more information contact me. I’m Ric Giumenta. You can have a good day or a bad day. It’s your choice.
Make good choices.