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Social Media: What you should know By Jeanette Langford, VP of Professional Services MIBOR REALTOR® Association By Jeanette Langford, VP of Professional.

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Presentation on theme: "Social Media: What you should know By Jeanette Langford, VP of Professional Services MIBOR REALTOR® Association By Jeanette Langford, VP of Professional."— Presentation transcript:

1 Social Media: What you should know By Jeanette Langford, VP of Professional Services MIBOR REALTOR® Association By Jeanette Langford, VP of Professional Services MIBOR REALTOR® Association

2 Top Two Social Media Issues

3 Advertising Your Listings Indiana License Law 876 IAC 8-1-8 Advertising requirements; name of broker company; prohibitions …… (c) Any Internet, television, or radio advertising that carries the name of any broker associated with a broker company must carry the name of the broker company either as it appears on the broker company's license issued by the commission or by its publicly known name. However, if disclosing the 876 IAC 8-1-8 Advertising requirements; name of broker company; prohibitions …… (c) Any Internet, television, or radio advertising that carries the name of any broker associated with a broker company must carry the name of the broker company either as it appears on the broker company's license issued by the commission or by its publicly known name. However, if disclosing the name of the broker company is not practical in electronic displays of limited information (such as thumbnails, text messages, and tweets) the broker company's name does not need to be included if the electronic display is linked to a display that includes the broker company's name.

4 Advertising Your Listings Code of Ethics Article 12 Realtors® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations. Realtors® shall ensure that their status as real estate professionals is readily apparent in their advertising, marketing, and other representations, and that the recipients of all real estate communications are, or have been, notified that those communications are from a real estate professional. (Amended 1/08) Article 12 Realtors® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations. Realtors® shall ensure that their status as real estate professionals is readily apparent in their advertising, marketing, and other representations, and that the recipients of all real estate communications are, or have been, notified that those communications are from a real estate professional. (Amended 1/08)

5 Advertising Others Listings Indiana License Law 876 IAC 8-1-8 Advertising requirements; name of broker company; prohibitions (f) No broker shall place a sign on any property, advertise, or offer any property for sale, lease, or rent without the written consent of the owner or the owner's authorized agent. 876 IAC 8-1-8 Advertising requirements; name of broker company; prohibitions (f) No broker shall place a sign on any property, advertise, or offer any property for sale, lease, or rent without the written consent of the owner or the owner's authorized agent.

6 Advertising Others Listings Code of Ethics Standard of Practice 12-4 Realtors® shall not offer for sale/lease or advertise property without authority. When acting as listing brokers or as subagents, Realtors® shall not quote a price different from that agreed upon with the seller/ landlord. (Amended 1/93) Standard of Practice 12-4 Realtors® shall not offer for sale/lease or advertise property without authority. When acting as listing brokers or as subagents, Realtors® shall not quote a price different from that agreed upon with the seller/ landlord. (Amended 1/93)

7 Advertising Others Listings IDX Agreement The Internet Data Exchange (IDX) policy defines the BLC® listing service Participant’s (the principal broker’s) authorization of electronic display or their listings by other Participants and their licensees. Electronic display means the display of listings on a Participant’s public website and displays using applications for mobile devices that Participants control. The Participant must have the ability to add, delete, modify and update information as required by this policy. All displays of the IDX electronic display of a listing must be under the actual and apparent control of the Participant and must be presented to the public as being the Participant’s display. Any IDX display by a licensee of the principal broker is subject to the Participant’s oversight, supervision, and accountability and must include the Participant's company name or logo in compliance with Indiana license law requires.

8 Venting on Social Media Article 15 Realtors® shall not knowingly or recklessly make false or misleading statements about other real estate professionals, their businesses, or their business practices. (Amended 1/12) Article 15 Realtors® shall not knowingly or recklessly make false or misleading statements about other real estate professionals, their businesses, or their business practices. (Amended 1/12)

9 Article 15 – Standards of Practice Standard of Practice 15-2 The obligation to refrain from making false or misleading statements about other real estate professionals, their businesses, and their business practices includes the duty to not knowingly or recklessly publish, repeat, retransmit, or republish false or misleading statements made by others. This duty applies whether false or misleading statements are repeated in person, in writing, by technological means (e.g., the Internet), or by any other means. (Adopted 1/07, Amended 1/12) Standard of Practice 15-2 The obligation to refrain from making false or misleading statements about other real estate professionals, their businesses, and their business practices includes the duty to not knowingly or recklessly publish, repeat, retransmit, or republish false or misleading statements made by others. This duty applies whether false or misleading statements are repeated in person, in writing, by technological means (e.g., the Internet), or by any other means. (Adopted 1/07, Amended 1/12) Standard of Practice 15-3 The obligation to refrain from making false or misleading statements about other real estate professionals, their businesses, and their business practices includes the duty to publish a clarification about or to remove statements made by others on electronic media the Realtor® controls once the Realtor® knows the statement is false or misleading. (Adopted 1/10, Amended 1/12)

10 Complaints received Article 12Article 15 2015 133 2016 77 Article 12Article 15 2015 133 2016 77


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