There are many requirements under the Realtor® Code of Ethics and in state and federal law that should be kept in mind when formulating advertisements, whether they are aimed at marketing the broker or salesperson’s business, a specific property, or both. Advertising rules apply to any method of communication including print and electronic media as well as on social media sites.
NATIONAL: Please refer to this document by the MN REALTORS®️ The Legal Companion breaking down all the rules and regulations from a national and state level. Link: https://drive.google.com/file/d/1NwJFj_qo_hx-8cjy97wj-MklSe3TgSch/view?usp=drive_link
STATE: From logos, to social media posts and more, please read our MN Policy and Procedure guide. Link: https://drive.google.com/file/d/1i3CimmAzkn1BLn27wkNDrunmvxWnde-b/view?usp=sharing
LOCAL: You can find a list of cities within Northstar MLS that have requirements HERE. It is the agent’s responsibility to check with local municipalities and HOA boards on advertising rules. This includes open house signs, door knocking etc. Link: https://spaar.com/advocacy/local-and-regional-regulations/
For Commission Checks:
eXp Realty North, LLC
PO Box 856825
Minneapolis, MN 55485-6825
OVERNIGHT ADDRESS:
Lockbox Services 856825
eXp Realty North, LLC
1801 Parkview Drive 1st Flr
Shoreview, MN 55126
For Referral Checks:
EXP Realty LLC
PO Box 856825
Minneapolis, MN 55485-6825
To Deposit Earnest Money:
eXp Realty has FOUR methods available for you and the client’s convenience. Earnest money can also be held by a title company. Please note! MN State law requires that we are to deposit the earnest money within 3 days either of receipt of the earnest money or Final Acceptance, whichever is later.
To Request an Earnest Money Refund
If your transaction was canceled and earnest money needs to be returned, please complete this request form: View Form
Questions and Support for Earnest Money
Please direct all earnest money questions to [email protected] Our escrow department will be happy to answer any questions.
