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FACTS: A licensee regularly sends a list of properties for sale to a neighborhood he markets to.

ISSUE: Does the licensee have to display the name of each listing broker?

ANSWER: Yes.

DISCUSSION:

“[A] licensee who advertises a property that is the subject of another person’s real estate employment agreement shall display the name of the listing broker in a clear and prominent manner.” A.A.C. R4-28-502(F). Therefore, the name of each broker must be displayed in a clear and prominent manner.