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Social Media Compliance with the Law and the Code

Social Media and Florida Real Estate Law and the Code of Ethics

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Page 1: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialMediaCompliancewiththeLawandtheCode

Page 2: Social Media and Florida Real  Estate Law and the Code of Ethics

Whatwewillcover

SocialMediaandtheLaw

SocialMediaandTheCode

Copyright Whenthingsgowrong

Page 3: Social Media and Florida Real  Estate Law and the Code of Ethics

Definition:SocialMediaareprimarilyInternetandmobilebasedtoolsforsharinganddiscussinginformationamonghumans

Page 4: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialMediaCategories

• Socialnetworks—Connectwithpeople• Mediasharingnetworks—Sharephotos,videos,andothermedia• Discussionforums—Sharenewsandideas• Bookmarkingandcontentcurationnetworks—Discover,save,andsharenewcontent

• Consumerreviewnetworks—Findandreviewbusinesses• Bloggingandpublishingnetworks—Publishcontentonline

Page 5: Social Media and Florida Real  Estate Law and the Code of Ethics

PlatformStatistics

1.6B 400M 100M200M320MMonthlyUsers

99% 63% 53%39%54%18– 34yearoldreach

1,000+ 340 20350110MonthlyActiveMins

Page 6: Social Media and Florida Real  Estate Law and the Code of Ethics

Create Profiles•Createrobustprofilesonthesevenues

•Whoyouare,whattypeofrealestateyousell,whereyousell

•ObeyFLAdvertisingRules

6

Page 7: Social Media and Florida Real  Estate Law and the Code of Ethics

Florida61J2-10.025 AdvertisingLaw

(1)Alladvertisingmustbeinamannerinwhichreasonablepersonswouldknowtheyaredealingwitharealestatelicensee.Allrealestateadvertisementsmustincludethelicensednameofthebrokeragefirm.Norealestateadvertisementplacedorcausedtobeplacedbyalicenseeshallbefraudulent,false,deceptiveormisleading.(2)Whenthelicensee’spersonalnameappearsintheadvertisement,attheveryleastthelicensee’slastnamemustbeusedinthemannerinwhichitisregisteredwiththeCommission.

Page 8: Social Media and Florida Real  Estate Law and the Code of Ethics

Florida61J2-10.025 AdvertisingLaw

(3)(a)WhenadvertisingonasiteontheInternet,thebrokeragefirmnameasrequiredinsubsection(1)aboveshallbeplacedadjacenttoorimmediatelyaboveorbelowthepointofcontactinformation.“Pointofcontactinformation”referstoanymeansbywhichtocontactthebrokeragefirmorindividuallicenseeincludingmailingaddress(es),physicalstreetaddress(es),e-mailaddress(es),telephonenumber(s)orfacsimiletelephonenumber(s).

Page 9: Social Media and Florida Real  Estate Law and the Code of Ethics

Florida61J2-10.025 AdvertisingLaw

(3)(a)WhenadvertisingonasiteontheInternet,thebrokeragefirmnameasrequiredinsubsection(1)aboveshallbeplacedadjacenttoorimmediatelyaboveorbelowthepointofcontactinformation.“Pointofcontactinformation”referstoanymeansbywhichtocontactthebrokeragefirmorindividuallicenseeincludingmailingaddress(es),physicalstreetaddress(es),e-mailaddress(es),telephonenumber(s)orfacsimiletelephonenumber(s).

Page 10: Social Media and Florida Real  Estate Law and the Code of Ethics

Instagram

Page 11: Social Media and Florida Real  Estate Law and the Code of Ethics
Page 12: Social Media and Florida Real  Estate Law and the Code of Ethics

YelpAccount

Page 13: Social Media and Florida Real  Estate Law and the Code of Ethics
Page 14: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialMediaPersonalPage

Page 15: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialMediaBusinessPage

Page 16: Social Media and Florida Real  Estate Law and the Code of Ethics

WhatareFacebookTerms?

www.fb.com/legal/termsRegistrationandAccountSecurityYouwillnotuseyourpersonaltimelineprimarilyforyourowncommercialgain,andwilluseaFacebookPageforsuchpurposes.

Page 17: Social Media and Florida Real  Estate Law and the Code of Ethics

PosttoBusinessPageSharetoPersonal

Page 18: Social Media and Florida Real  Estate Law and the Code of Ethics

Appsarewebpages

Page 19: Social Media and Florida Real  Estate Law and the Code of Ethics

LimitedCharactersonSocial

NARprovidesexpectationinSOP12-5StandardofPractice12-5REALTORS®shallnotadvertisenorpermitanypersonemployedbyoraffiliatedwiththemtoadvertiserealestateservicesorlistedpropertyinanymedium(e.g.,electronically,print,radio,television,etc.)withoutdisclosingthenameofthatREALTOR®’sfirminareasonableandreadilyapparentmanner.ThisStandardofPracticeacknowledgesthatdisclosingthenameofthefirmmaynotbepracticalinelectronicdisplaysoflimitedinformation(e.g.,“thumbnails”,textmessages,“tweets”,etc.).SuchdisplaysareexemptfromthedisclosurerequirementestablishedinthisStandardofPractice,butonlywhenlinkedtoadisplaythatincludesallrequireddisclosures.(Adopted11/86,Amended1/11)

Page 20: Social Media and Florida Real  Estate Law and the Code of Ethics

KnowandFollowNARCodeofEthics

ThingstoThinkAbout• Don’tcrowdsourcelegaladvice• Potentialbreachofconfidentiality• Differencesamongstatelawscanleadtoconfusion,misapplicationoflaw

• Groupboycotts• Avoiddefamationpitfalls

Page 21: Social Media and Florida Real  Estate Law and the Code of Ethics

Whyareyoumakingapost?

Whyareyourespondingtoanotherpersonsposts?

Ifyouwereneveralicenseeandinadifferentprofessionwouldyoubemakingthepost?

Areyoudiscussingsomethingwithinthescopeofyourexpertiseasalicensee

Page 22: Social Media and Florida Real  Estate Law and the Code of Ethics

TroublesomeSocialPosts

CodeofEthicsArticle15• Shouldnotattackorthreatenotherpeople/entities• Falsestatementsaboutpeopleortheirbusinesses

The Realtor® Code of Ethics are a set of high standards that Realtors® are held to, through the National Association of Realtors®. Article 15: REALTORS® shall not knowingly or recklessly make false or misleading statements about competitors, their businesses, or their business practices.

Page 23: Social Media and Florida Real  Estate Law and the Code of Ethics

CodeofEthicsArticle12

• REALTORS®shallbehonestandtruthfulintheirrealestatecommunicationsandshallpresentatruepictureintheiradvertising,marketing,andotherrepresentations.REALTORS®shallensurethattheirstatusasrealestateprofessionalsisreadilyapparentintheiradvertising,marketing,andotherrepresentations,andthattherecipientsofallrealestatecommunicationsare,orhavebeen,notifiedthatthosecommunicationsarefromarealestateprofessional.(Amended1/08

Page 24: Social Media and Florida Real  Estate Law and the Code of Ethics

TroublesomeSocialPosts- Article12

DONOTPOST:• InformationaboutatransactionthatareprotectedbyfiduciarydutiesorArticle12

•Discussionofcommissionandsplitsorbusinessmodels

•Mixingpersonalandbusinessposts•Providinginformationtoaconsumerrepresented

Page 25: Social Media and Florida Real  Estate Law and the Code of Ethics

MoreTroublesomePosts

•Blindorstealthadvertisements,(sponsoredorclickthrough)

• Orlandoarearealestatedeals• PensacolaRealEstateResource• What'syourhomeworthinJacksonville

Remember...Itdoesn’tmatterifit’sapersonal,business,groupcommunityorothertypeofpage

Page 26: Social Media and Florida Real  Estate Law and the Code of Ethics

WhatisthesingleLARGESTviolationonSocialMedia

Page 27: Social Media and Florida Real  Estate Law and the Code of Ethics

SharingwithoutpermissionSharingsomeone'slistingwithoutpermission

Page 28: Social Media and Florida Real  Estate Law and the Code of Ethics

Sharingwithoutpermission

• GetPermission• Sharealinkfromsomeoneelsethatidentifiesthepropertyastheirlisting

• Sharesomeone’slistingwithoutpermission- ASK• ShareanIDXsearchandputonyoursite- ASK

Do

Don’t

Page 29: Social Media and Florida Real  Estate Law and the Code of Ethics

HowcanIadvertiseahouseNOTlistedwithme

Page 30: Social Media and Florida Real  Estate Law and the Code of Ethics

HowcanIadvertiseahouseNOTlistedwithmeGETPERMISSION!!

Page 31: Social Media and Florida Real  Estate Law and the Code of Ethics

Copyright

• Licenseesareprohibitedfromusingcopyrightedworkwithoutpermissionfromcopyrightholder

Page 32: Social Media and Florida Real  Estate Law and the Code of Ethics

Thisincludesphotos•Ifyoudidn’ttakeityouneedpermissiontouseit

•Presumethephotographerownsthecopyright

•IntheMLS– photosbelongtothebrokerage

Page 33: Social Media and Florida Real  Estate Law and the Code of Ethics

RoyaltyFree– Creativecommons.org

Page 34: Social Media and Florida Real  Estate Law and the Code of Ethics

Resources

•www.creativecommons.org•www.istockphotos.com•www.pexels.com•www.shutterstock.com

Page 35: Social Media and Florida Real  Estate Law and the Code of Ethics

UseGoogleAlerts

▸MonitorYourConnections

Page 36: Social Media and Florida Real  Estate Law and the Code of Ethics

36

Google.com/Alerts

Page 37: Social Media and Florida Real  Estate Law and the Code of Ethics

Google.com/Alerts

Quotes:“BobSmith”

Plus:“DonJohnson”+“realestate”

Minus:“DonJohnson”-“miami”

Page 38: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialConcepts

SocialObjects

SocialContracts

SocialCapital

Page 39: Social Media and Florida Real  Estate Law and the Code of Ethics

Youarearealestateprofessional...OnlineandOffline

Page 40: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialObjects

Source:ShelbyRaymond

Page 41: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialContracts

Page 42: Social Media and Florida Real  Estate Law and the Code of Ethics

SocialCapital

Page 43: Social Media and Florida Real  Estate Law and the Code of Ethics

BecominganInfluencer

Nice

Notable

Networked

Page 44: Social Media and Florida Real  Estate Law and the Code of Ethics

FiveActionableStepstoBuildingSocialCapital

Page 45: Social Media and Florida Real  Estate Law and the Code of Ethics

1.TurntheBullhornAround

Page 46: Social Media and Florida Real  Estate Law and the Code of Ethics

2.BecomePartoftheCommunity

Page 47: Social Media and Florida Real  Estate Law and the Code of Ethics

3.BeNotable

Page 48: Social Media and Florida Real  Estate Law and the Code of Ethics

4.

Page 49: Social Media and Florida Real  Estate Law and the Code of Ethics

5.FindYourHigherPurpose

• Socialcapitalonlybuildsasyougiveitaway.Figureouthowyouaregoingtogivebacktothecommunityanddoit…often

Page 50: Social Media and Florida Real  Estate Law and the Code of Ethics

WhatIfSomethingGoesWrong

Page 51: Social Media and Florida Real  Estate Law and the Code of Ethics

Consumersaretalkingeverywhere

Page 52: Social Media and Florida Real  Estate Law and the Code of Ethics
Page 53: Social Media and Florida Real  Estate Law and the Code of Ethics

EngageorIgnore?

Page 54: Social Media and Florida Real  Estate Law and the Code of Ethics

Takeitoffline

Thesemakephonecallstoo

Page 55: Social Media and Florida Real  Estate Law and the Code of Ethics

Chooseyourbattleground

Page 56: Social Media and Florida Real  Estate Law and the Code of Ethics

RallytheTroops

Page 57: Social Media and Florida Real  Estate Law and the Code of Ethics

Don’trespondinanger

Page 58: Social Media and Florida Real  Estate Law and the Code of Ethics
Page 59: Social Media and Florida Real  Estate Law and the Code of Ethics

Whatisyourtakeaway?

Page 60: Social Media and Florida Real  Estate Law and the Code of Ethics

Listen,Learn

DecideWhere

AskforReviewsShare

BeAuthentic