Question

If the licensee advertises property in which he has an ownership interest and the property is not listed;

a. The ad must include the brokerage name and the words "owner-agent" or "owner-broker."
b. The ad need not include the brokerage name so long as the words "owner-agent" or "owner-broker" are included.
c. Must contain the name of the agent and the words "owner-agent" or "owner-broker."
d. The name of the brokerage must be at least one half the size of the agent's name.

Answer 1

When a licensee advertises a property they own, the ad must include the brokerage name and indicate 'owner-agent' or 'owner-broker' to maintain transparency.

Step-by-step explanation:

If the licensee advertises property in which they have an ownership interest and the property is not listed, it is important they adhere to certain advertising standards. While rules can vary by region, typically, the ad must include the brokerage name and designate the owner's status with the terms "owner-agent" or "owner-broker".

This ensures transparency and informs potential buyers of the dual role the licensee is playing in the transaction. Not disclosing this information can be seen as misleading and is often against real estate regulations.