Authority: IC 25-34.1-2-5
Affected: IC 25-34.1-3-2
Sec. 7. Brokers may not allow an unlicensed assistant to perform any act that would require licensure under IC 25-34.1-3-2, including the following functions:
- (1) Prepare promotional materials or advertisements without the review and approval of the supervising broker.
- (2) Show real property.
- (3) Answer questions about listings other than those concerning list price, address, property features, or geographic directions.
- (4) Discuss or explain a contract, listing, lease, agreement, or other real estate document with any person outside the broker's broker company.
- (5) Conduct open houses.
- (6) Conduct telemarketing or telephone canvassing to schedule appointments in order to seek listings.
- (7) Negotiate or agree to any commission, commission split, management fee, or referral fee on behalf of a broker.
(Indiana Real Estate Commission; 876 IAC 8-1-7; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014; readopted filed Nov 19, 2020, 9:56 a.m.: 20201216-IR-876200513RFA; readopted filed Mar 21, 2024, 4:07 p.m.: 20240417-IR-876230829RFA)