Oregon Broker PSI Practice Exam

Who is responsible for approving advertising in real estate?

1. Real estate agent

2. Office manager

3. Principal broker

4. Compliance officer

The correct answer is: Principal broker

The principal broker is responsible for approving advertising in real estate because this role carries the ultimate responsibility for the actions of the agents affiliated with the brokerage. The principal broker ensures that all advertising complies with state and federal laws, as well as the ethical standards set by the Oregon Real Estate Agency. This oversight is crucial in maintaining the integrity of the brokerage's public image and ensuring that advertisements are truthful and not misleading. While other roles such as a real estate agent or office manager may be involved in creating or suggesting advertisements, they do not have the final authority to approve these materials. A compliance officer, although important in ensuring adherence to regulations and policies, typically focuses on broader compliance issues rather than on the specific approval of advertising content. Thus, the principal broker plays a central role in both approving and overseeing advertising practices within their brokerage.