Agency (alternative)
A Maryland listing agent who advertises on social media must include which information per MREC guidelines?
AOnly the property address
BThe brokerage name and the agent's name (if identified as an agent)✓ Correct
CThe listing price only
DNo required information if it's a social media post
Explanation
Maryland advertising rules apply to all forms of advertising including social media. The brokerage name must be clearly identifiable in any real estate advertising.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
State-Specific Concepts
DRE Regulation
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