Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 53 Pa.B. 8238 (December 30, 2023).

49 Pa. Code § 35.307. Advertisements of sales volume, market position and numbers of offices.

§ 35.307. Advertisements of sales volume, market position and numbers of offices.

 (a)  An advertisement by a broker about ‘‘sales volume’’ or ‘‘production’’ shall refer only to closed transactions. For purpose of this subsection, a ‘‘closed transaction’’ is either a listing sold or a sale made after a fully executed deed is delivered.

 (b)  An advertisement by a broker about his production or position in the ‘‘market’’ shall identify the municipality that the market comprises.

 (c)  An advertisement by a broker about the number of offices that he operates shall refer only to those offices that have been issued branch office licenses by the Commission.

Authority

   The provisions of this §  35.307 issued under the Real Estate Licensing and Registration Act (63 P. S. § §  455.101—455.902).

Source

   The provisions of this §  35.307 adopted February 24, 1989, effective February 25, 1989, 19 Pa.B. 781.



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