MEMO : WHERE CAN YOU PROVIDE OFFERS OF BUY SIDE COMPENSATION?
September 4, 2024
Due to the challenges in monitoring and controlling information once it is shared publicly online, we will not permit the promotion of commission details via social media or any internet site.
This decision has been made in light of the following concerns:
Permanence of Information:Once information is shared on social media, it is difficult to retract or modify if circumstances change. This could lead to outdated or inaccurate information circulating publicly.
Government Oversight:
Regulatory bodies are increasingly vigilant about marketing practices in our industry. We must be cautious about the information we disseminate to ensure compliance with all regulations.
Security Risks:
There is a risk that information shared on social media could be captured by malicious actors. These individuals may then compile and misuse this data on platforms we are not monitoring.
As we continue to assess the impact of these changes, this policy may be adjusted in the future.
For now, agents are permitted to market offers of compensation through the following approved channels:
1. Marketing Fliers: Printed or digital fliers distributed directly to clients or potential clients.
2. Email: Direct communication with clients or potential clients via email.
3. Signs & Riders: Traditional marketing methods such as yard signs or rider attachments.
Please ensure that all marketing efforts comply with this directive. If you have any questions or need further clarification, feel free to reach out and access all of our resources regarding these changes on our landing page HERE
Thank you for your attention to this matter.
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