When advertising property for sale, REALTORS® must disclose what?

When advertising property for sale, REALTORS® are required to disclose any ownership interest they may have in the property. This requirement is in place to prevent any conflicts of interest and to ensure transparency in the marketplace. When clients or potential buyers are aware that a REALTOR® has a personal stake in the property, they can make more informed decisions, understanding the potential biases involved in the sale.

By disclosing ownership interest, REALTORS® uphold ethical standards and foster trust with their clients and the public. This practice not only aligns with fair dealing principles but also helps to maintain the integrity of the real estate profession. While information such as square footage, property age, and liens can be important, the obligation to disclose personal ownership interest is specifically mandated to promote honesty in advertising and representation.