such other related
of state a registered fictitious name that is owned by the information as the commission may require.
broker/brokerage in which the licensee or group of licensees
are affiliated. The registration of a fictitious name with the (2) If the franchise agreement or contract under which a broker
Missouri Secretary of State’s Office does not exempt a licensee is operating provides that the franchisor or owner of the trade
or group of licensees from the requirements of 20 CSR 2250- name or insignia has no legal liability for the actions of the
8.070(3) or subsection (5)(A) above. broker using the trade name or insignia, the broker shall
include in all listing agreements, contracts for sale and closing
(6) Guaranteed Sales. statements a clear and explicit statement to that effect in type
(A) As used in this rule, the term guaranteed sales plan reasonably calculated to gain the attention of the reader of the
includes, but is not limited to— document.
1. Any plan in which a seller’s real estate is guaranteed to
be sold; or AUTHORITY: section 339.120, RSMo Supp. 1997.* This rule originally
2. Any plan where a licensee or anyone affiliated with a filed as 4 CSR 250-8.080. Original rule filed Nov. 14, 1978, effective
licensee will purchase a seller’s real estate if it is not purchased Feb. 11, 1979. Amended: Filed Feb. 2, 1994, effective Aug. 28, 1994.
by a third party in the specified period of a listing or within Amended: Filed Aug. 1, 1997, effective March 30, 1998. Moved to 20
some other specified period of time. CSR 2250-8.080, effective Aug. 28, 2006.
(B) Any written advertisement by a licensee of a guaranteed
sales plan shall include a statement advising the seller that *Original authority: 339.120, RSMo 1941, amended 1963, 1967, 1981, 1988, 1993, 1995.
if