49 Pa. Code § 35.307. Advertisements of sales volume, market position and numbers of offices.

§ 35.307. Advertisements of sales volume, market position and numbers of offices.

(a)  An advertisement by a broker about ‘‘sales volume’’ or ‘‘production’’ shall refer only to closed transactions. For purpose of this subsection, a ‘‘closed transaction’’ is either a listing sold or a sale made after a fully executed deed is delivered.
(b)  An advertisement by a broker about his production or position in the ‘‘market’’ shall identify the municipality that the market comprises.
(c)  An advertisement by a broker about the number of offices that he operates shall refer only to those offices that have been issued branch office licenses by the Commission.

Authority

   The provisions of this §  35.307 issued under the Real Estate Licensing and Registration Act (63 P. S. § §  455.101—455.902).

Source

   The provisions of this §  35.307 adopted February 24, 1989, effective February 25, 1989, 19 Pa.B. 781.

No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.