Oregon Real Estate Practice Test

Can a real estate agent advertise their own property without the approval of the principal broker?

1. No, it's required to have approval

2. Yes, only if the property is not listed with the broker

3. Yes, but only for a limited time

4. No, agents must use the broker's advertising

The correct answer is: Yes, only if the property is not listed with the broker

A real estate agent can advertise their own property without the approval of the principal broker if that property is not listed with the broker. This means that when an agent owns a property independently, they have the right to market it as they see fit without needing to seek permission from the broker. This provision is important because it allows agents to utilize their personal properties as opportunities to showcase their marketing skills in real estate, while also maintaining ethical standards in the industry. When a property is listed with the broker, the agent must adhere to the broker's advertising policies and procedures, ensuring that all marketing efforts align with the broker's brand and strategic goals. This serves to protect the broker's interests and maintain a consistent approach to how properties are represented in the market. Thus, while agents have certain freedoms with their own unlisted properties, they must follow the established protocols when it comes to properties that are under the broker's authority.