Risk Management – Legal Tip

Dec 04, 2019

Q:  Can a Team advertise that it has listings?

A:  No because it legally cannot have listings.  A Team cannot take listings under the Team name.  If a Broker agrees, the Team’s licensed members can advertise the listings they acquired.

For example, a Team can advertise that THE MEMBERS OF TEAM X have 10 listings.  A Team cannot advertise that Team X has 10 listings. 

The DOS will discipline Team Members and their Brokers who allow any Team to advertise or represent that the Team itself has listings.