Yesterday I attended the annual update course that is required for the state of Colorado. This class goes over all the new changes for the year. The changes covered are things like contracts, lead based paint rules, rules for property management, etc...
One new rule that came out was in regards to social media. The instructor said that this is really getting looked at and they are cracking down on people. Here is the new rule...IF you have a site where you engage in social media as a real estate agent, you must have on that site the name of the brokerage that you work for AND it must state that you are licensed.
I guess this rule is pretty important because from a 4 hour class, it was one of the questions on the quiz at the end of class.
This would pertain to any Facebook business pages, LinkedIn, Twitter, etc... Any social media where you are promoting your business.
The instructor didn't say what the penalties were for not listing these 2 items. I just thought I would get the word out so everyone can make sure they are in compliance with the new rule.
(I am not sure if this is just a Colorado rule or a national one. If anyone knows- let me know).
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