If a licensee advertises prizes as part of a promotion for the sale of real...

Under49 Pa. Code § 35.305 (Business Name on Advertisements), a real estate licensee must disclose the fair market value of any prizes, gifts, or incentives offered as part of a sales promotion.

This ensures transparency and prevents misleading advertisements that might influence a consumer’s decision based on exaggerated prize values.

Failure to disclose the fair market value could result in penalties or disciplinary action from the Pennsylvania Real Estate Commission.

Why the other answers are incorrect:

Option B (Where the Prize Was Manufactured):There is no requirement to disclose where a prize was made.

Option C (How Many Others Have Won):The law does not require disclosure of the number of previous winners.

Option D (Names of Stores for Exchange):There is no requirement to provide names of stores that would honor or exchange the prize.