the seller is eligible, costs and conditions may apply and
advising the seller to inquire of the licensee as to the terms
of the guaranteed sales agreement. This information shall be 20 CSR 2250-8.090 Brokerage Service Agreements
set forth in print at least one-fourth (1/4) as large as the largest
print in the advertisement. PURPOSE: This rule requires that a listing agreement be in writing
(C) Any radio or television advertisement by a licensee of a and that a copy of the agreement be delivered to the owner
guaranteed sales plan shall include a conspicuous statement before a broker may advertise or place a sign on the property.
advising if any conditions and limitations apply. The agreement must contain all terms, conditions, a definite
(D) Every guaranteed sales agreement must be in writing expiration date, and signatures of all parties. All information
and contain all of the conditions and other terms under which contained on the agreement shall be carefully investigated for
the property is guaranteed to be sold or purchased including accuracy by the listing agent. In a cooperative listing, the selling
the charges or other costs for the service or plan, the price broker shall be presumed to be a subagent of the listing broker.
for which the property will be sold or purchased, and the
approximate net proceeds the seller may reasonably expect to (1) A licensee shall not advertise or place a sign upon any
receive. property offering it for sale or lease to prospective customers
without the written consent of the owner or his or her duly
AUTHORITY: sections 339.100 and 339.120, RSMo Supp. 2021.* authorized agent.
This rule originally filed as 4 CSR 250-8.070. Original rule filed
Nov. 14, 1978, effective Feb. 11, 1979. Amended: Filed May 11, 1983, (2) A licensee shall not