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Real Estate Advertising Compliance and the Law Jody O’Brien

MA CEU Real Estate Advertising Compliance and the Law - RE41R05

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This course will review the laws and regulations regarding real estate advertising and the licensee. We will also explore the purpose, responsibilities and trends in today’s advertising in order to best assist today’s buyers and sellers promote and locate property

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Page 1: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Real Estate Advertising Compliance and the Law

Jody O’Brien

Page 3: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Methods of Advertising

Buyers

Sellers

Agents

Page 4: MA CEU Real Estate Advertising Compliance and the Law - RE41R05
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Page 6: MA CEU Real Estate Advertising Compliance and the Law - RE41R05
Page 7: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Agents

46% of agents use advertising

Page 8: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Newspapers

Selling

Branding

Page 9: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

WHAT IS ADVERTISING TODAY?

Page 10: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Factors to Consider

Market Reach

Frequency

Continuity

Page 11: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

MLS

Agent

Consumer

Page 12: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Websites

97% of buyers search the Web National

Realtor.com Zillow

Local Boston.com

Company Can they find you?

Personal Can they find you?

Syndication Sites

Page 13: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

On-Line Advertising

• Social Media

• Location Services

• Classified Ad sites

Page 14: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Flyers

Product

Services

Personal

Page 15: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Direct Mail

Mass Mailing

Target Marketing

Page 16: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Purpose of Advertisement

Page 17: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Purpose of Advertisement

Sellers

Ads don’t sell houses…People do!

Page 18: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Purpose of Advertisement

Target Marketing

Who are they?

What do they need?

What do they want?

What do they care about?

WHAT IS IN IT FOR ME?

Page 19: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Discriminatory Advertising

no one can make, print or publish discriminatory ads including those who are exempt Ads that contain words, phrases, symbols or

visuals that indicate a discriminatory preference or limitation.

Ads that selectively use media, human models, logos and locations to indicate an illegal preference or limitation

Refusal to publish ads because of protected class.

Page 20: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Fair Housing and Advertising

Steering Blockbusting Preference Implicit or Implied False Denial of Availability Representing or Enforcing Restrictive

Covenants Redlining

Page 21: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Blind Advertisements 254 CMR 3.00 9 (a) Broker Identification. No

broker may advertise real property to purchase, sell, rent, mortgage or exchange through classified advertisement or otherwise unless he/she affirmatively discloses that he/she is a real estate broker. No broker shall insert advertisements in any advertising publication or other means where only a post office box number, telephone, facsimile, electronic mail number or street address appears. All advertisements shall include the name of the real estate broker.

Page 22: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Blind Advertisements

Print Ads

Signs

Websites Social Media

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Article 12

Materials Page #29

SOP 12-5Electronic identification

including tweets SOP 12-8Accurate websites

SOP 12-9State licensing

SOP 12-10Accurate URLs

SOP 12-11Privacy Policy

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Inducements

Agents

Consumers

Third Party

Page 25: MA CEU Real Estate Advertising Compliance and the Law - RE41R05

Jody O’BrienThe Re/Education Company

Committed to Professionalism in Real Estate through Education

Blogwww.reeducator.wordpress.comPresentationwww.slideshare.net/ReEducationCompanySocial Mediawww.twitter.com/reeducatorwww.youtube.com/msreeducatorwww.facebook.com/reeducatorwww.linkedin.com/in/reeductor

Thank you for Attending