Oregon Real Estate Practice Test

What is a requirement for advertising as a "Team" or "Group" in real estate?

1. All members must be under the same broker.

2. Only licensed members can advertise.

3. The team must have at least three members.

4. There is no specific requirement.

The correct answer is: All members must be under the same broker.

In Oregon, the requirement to advertise as a "Team" or "Group" in real estate is that all members must be under the same broker. This ensures that the team operates within the regulatory framework established for real estate practices, maintaining accountability and oversight. When all team members are associated with the same brokerage, it simplifies the accountability structure, as the broker is responsible for the actions of the salespersons and can better monitor compliance with state laws and ethical standards. This requirement also promotes a cohesive brand identity, as advertisements represent the brokerage as well as the team. While it is true that licensed members must be involved in advertising, this falls under general advertising rules rather than specific to the "Team" or "Group" designation. It is also not necessary for a team to have a minimum of three members as a requirement; teams can sometimes be formed with two members depending on the brokerage policies. Therefore, the key requirement solidifies the need for all team members to operate under the same brokerage for credibility and compliance purposes.