Pennsylvania Code
Title 49 - PROFESSIONAL AND VOCATIONAL STANDARDS
Part I - DEPARTMENT OF STATE
Subpart A - PROFESSIONAL AND OCCUPATIONAL AFFAIRS
Chapter 35 - STATE REAL ESTATE COMMISSION
Subchapter E - STANDARDS OF CONDUCT AND PRACTICE
ADVERTISING AND SOLICITATION
Section 35.307 - Advertisements of sales volume, market position and numbers of offices

Universal Citation: 49 PA Code ยง 35.307

Current through Register Vol. 54, No. 44, November 2, 2024

(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.

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

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