- (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.