As a Broker, it is our policy that all ad copy be sumitted to the company before running. As far an web represenrtations, we request that agents provide us their list of URLs. It is impossible to monitor everything an agent does. That would be an unwelcome intrusion, as well as too cost prohibitive for us. We do random reviews, and advise agents when we think they are potentially in violation. We monitor agent sites more closely when they are new, or when they have put up info that violates our company policies, fair housing laws, or real estate licensing statues.
We do come across situations that are questionable, and put those in our attorney file for my next meeting. I try to meet w/ our attorney once a quarter. We are pleased when we have no reason to contact him in between, but there are always quick questions or minor issues that generate a few phone calls.
If I have specific questions about certain marketing and advertising materials, I will first consult with my broker, then our attorney if needed
As a very reputable firm, they support me and they will not let me out in the cold if needed and that's why I choose to be associated with them..
We do have to pay for our E&O insurance, which covers a lot more. .
As far as my office policy goes. I work for a high profile broker, He is a great guy and I am very fortunate to know him. If I have a question about anything I ask.
If I don't ask, and embarrass the firm, I am fired.
I really like Lawyers, as long as they are not representing me.
In PA, we have a Legal Hotline provided by the Pennsylvania Association of Realtors. They have call times several hours every week day and the lawyers on call will answer most questions at that time (for free). They specialize in Real Estate Law, and when a problem arises, that is who we call.