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Law 7.4 Technology
Law 7.4 Technology
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GOBC Real Estate Class Notes
“It became appallingly obvious that our technology has exceeded our humanity” Albert Einstein
7.4
Technology
www.GOBCrealestate.com
7.4 Technology
Mobile Office
Challenges of a Mobile Office Environment Benefits of a Mobile Office Environment
➢ Affect the sense of community within a ➢ higher performance
brokerage ➢ can accomplish more and work more efficiently
➢ Licensee may feel more distant or physically ➢ Less time is wasted in commuting
removed from the brokerage. ➢ Allows provide a better service to clients and
➢ Lack of colleagues learning from one another, generate higher revenues
collaborations and partnerships. ➢ Smaller workstations may be required in a physical
➢ Frustrations with lack of communication office
HOT Desking
when desks are assigned to workers as needed, rather
than assigning a permanent desk to each worker
• Forms Software •
Budget Tracking &
electronically generate the most Accounting
common forms and contracts used in accounting software packages Photo Editing and Marketing
real estate transactions (QuickBooks, Wave, Zoho Books) CAN edit:
➢ garbage can
➢ car parked in a driveway
Personal Information Management Customer Relationship
CANNOT edit:
(PIM) Management (CRM)
➢ removing nearby power lines
emails; schedule activities; automatic Data application that manages the
➢ changing any physical characteristic
reminders; organize and keep track of user’s contacts, controlling and
of a property
client information organizing client information
(Producer®, AgentOffice,
Maximizer®)
GIS Mapping - Geographic Information System Compatibility issues:
a mapping system that provides several layers of • Compatibility across operating systems
data and information, beyond what a traditional • Compatibility with mobile devices
map can offer. • Compatibility with other programs
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7.4 Technology
Technological Devices
WEBSITES
• attract potential clients looking for a representative Developing your own Website
• share market information Advantage
• to promote clients’ listings • significantly less expensive
• to communicate credentials and experience Disadvantages
• allows the licensee to present and available 24/7 any • Amateur looking website can negatively
location. influence the licensee’s image in the public
Contact Information the licensee’s contact information must • unprofessional-looking website can
be easy to locate on the website instantly turn potential clients away
• very time consuming
Domain Name
The name used to direct internet
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traffic to a company website 3
7.4 Technology
Testimonials provide evidence of success by including testimonials from satisfied past clients
Local Expertise Share information pertaining to the licensee’s area of expertise; geographical
area they are located or a type of property that they specialize in
Buyer and Seller Guides Provide Guides to help understand the process of a real estate transaction.
Current Listings Market current listings to gain additional exposure. A licensee’s personal
business website will likely have additional information that does not fit on an
MLS.
Sales and Accomplishments Showcasing successful property sales will provide concrete evidence of the real
estate experience.
Blogs POSITIVE:
discussion or informational website that is ✓ provides an excellent venue for sharing important and
regularly updated with posts sharing opinions, relevant content with visitors
news, links, or other types of content ✓ attract new viewers to the website, increasing the
representative’s online exposure
NOT required that the licensee include the ✓ regularly updated blogs provide incentive for readers to
name of their brokerage on each blog segment return
✓ used as a method of communicating interesting information
to existing and potential clients
✓ focus on real estate-related information, such as market
news, home maintenance tips
NEGATIVE:
Podcasts Podcasting ✓ Time consuming
a platform that allows for the sharing of audio
content. Licensees can record and broadcast
their thoughts, interviews with guests, and
insights into industry news.
Web analytics
Search Engine Optimization (SEO)
measurement, collection, analysis, and
the process that affects how easily a website
reporting of data pertaining to how
can be found in organic (unpaid) results on
visitors are using a website.
search engines (e.g., Google).
Newsletter
➢ should provide compelling content (market news, local events)
➢ should not be sent more frequently than once a week
➢ Use a friendly but professional tone and keep messages relatively succinct to keep readers engaged.
➢ the file size should be kept small so that receiving the message is not difficult, no large pictures
➢ Respect the privacy of recipients. Never include a person’s email address in a message for others to read. Instead, use the
BCC: (blind carbon copy).
➢ Provide an option for subscribers to opt out of receiving future newsletters if they are no longer interested.
Using Social Media Effective • Maintain separate accounts for personal and professional use
• Maintain a friendly but professional tone- “human touch” aspect is important
Social Media
• Interact with other users and respond to questions and comments
virtual communities and networks that
• Initiate conversations and discussions
allow participants to communicate,
• Establish goals to be productive
interact, create, share, and exchange
• Establish authentic ties with other local businesses by following them and
information and ideas
recommending them to the business’s network.
• Maintain a consistent image across social media platforms
• Avoid posting the exact same message to each different platform.
TYPES:
❖ Facebook
➢ photos, videos, status updates, and links to websites Facebook page must include:
they find interesting ✓ A clearly displayed brokerage name
➢ can create “Pages” to promote the business ✓ The name of the licensee & team name
➢ individuals can subscribe to the business’s page ✓ The name of the personal real estate corporation
➢ licensee’s page should include contact information, ✓ A qualifying statement about any claims (e.g., “Top selling
including a link to the main website real estate team”)
➢ licensee’s main profile screen is required to contain ✓ A qualifying statement about any promotions (e.g., “List with
the name of the licensee’s related brokerage, not us and we’ll donate $2000 to a charity of your choice”)
on each post
❖ LinkedIn ❖ YouTube
➢ social networking website geared towards professionals ➢ video-sharing platform where users can submit
➢ profile page- reads like a resume (past and current work their own videos
experience) ➢ property tours and share business news
❖ Twitter
➢ send out short messages and pictures or video clips
YouTube page must include:
➢ used to share and find news, links to interesting articles
➢ • A clearly displayed brokerage name
and websites
➢ • The team name and a description of the team (if
➢ Hashtags are used to indicate keywords pertaining to a
applicable)
message (e.g. #realestate, #VanRE)
➢ • Video blog to YouTube must include the name
➢ It is not required that each tweet or post contain the
of their related brokerage in the title or
name of the brokerage.
description of the video
➢ • A qualifying statement about any claims (e.g.,
❖ Instagram
“Top selling real estate team”)
➢ photo and video sharing application
➢ • A qualifying statement about any promotions
(e.g., “List with us and we’ll donate $2000 to a
charity of your choice”)
ONLINE PROTOCOL
Digital/E-Signature Cryptography the courts have supported
An encrypted code which is impossible to protecting information by encrypting it into both manual “wet” and
forge, that uniquely identifies the sender an unreadable format. electronic signatures
when attached to an electronically
transmitted message Only those with a secret key or code can email communications, where
The purpose: decipher the information. Cryptography can the name of the sender may
to authenticate or guarantee that the be used to protect email messages, credit appear, are not sufficient as a
individual sending the message really is who card information, and corporate data. replacement for a “wet”
they claim to be and to ensure the integrity of signature on a paper contract
the data or an electronic signature
Electronic Transactions
Documents that relate to land or land transactions (listing
agreements & CPS) are covered by the Electronic Transactions Act
The key features of the Act:
1. will not exclude electronic documents and signatures EXEPTION: Documents “that create or
merely because they are in electronic form. transfer interest in land and that require
2. A legally binding contract may be formed by an offer or an registration to be effective against third
acceptance communicated through electronic means, but parties” are excluded from the Act
only if the parties so intend.
Questions
1. Mobile offices provide less flexibility than traditional office environments
(1) True
(2) False
2. The mobile environment makes it easier for a licensee to feel connected to the brokerage, strengthening the sense of
loyalty.
(1) True
(2) False
3. The mobile office environment reduces certain inefficiencies, such as commuting, allowing licensees to focus their time on
more productive tasks
(1) True
(2) False
5. For licensees who wish to use pictures in advertising, which of the following statements regarding photo editing is TRUE?
(1) Changing the physical characteristics of the property with photo editing is always acceptable.
(2) Editing photos in any way is not acceptable.
(3) Removing power lines with photo editing is acceptable.
(4) Removing a parked car in the driveway with photo editing is acceptable.
7. Which of the following is TRUE regarding the use of drones (or unmanned aerial vehicles)?
(1) Drones are generally more expensive than helicopters for capturing aerial photography and videography.
(2) A drone being flown to capture photos for real estate marketing purposes does not need to be insured.
(3) The best time to fly a drone is at night, when it is less likely to cause disruptions.
(4) A Special Flight Operations Certificate is required to operate a drone weighing over 25 kilograms.
9. Jason is creating a real estate blog to incorporate into his website. Which of the following guidelines should he follow in
developing his blog?
(1) Jason should update his blog regularly.
(2) The content of Jason’s blog should generally focus on real estate-related information, such as market news, home
maintenance tips, and information on frequently used forms and contracts.
(3) Jason’s blog should be used as a method of communicating interesting information to existing and potential clients.
(4) All of the above
11. The measurement, collection, analysis, and reporting of data pertaining to how visitors are using a website is called:
(1) search engine optimization
(2) customer relationship management
(3) social media
(4) web analytics
12. A licensee wants to add a new client to her electronic mailing list. Which of the following statements is FALSE?
(1) The client must be provided with an option to unsubscribe.
(2) The licensee may not send email marketing materials without first obtaining consent from the new client.
(3) If a client provides consent to being added to the mailing list, they cannot be removed from it within the following 12
months.
(4) The licensee should ensure that the client’s email address is up to date.
13. Which of the following statements regarding a successful email newsletter campaign is TRUE?
(1) Newsletters should ideally be sent once per day.
(2) Newsletters should be used exclusively to advertise new listings and recent sales.
(3) Newsletters should include several large, high quality photos.
(4) Newsletters should include an option for subscribers to opt out of receiving future communications
15. Burris is a new licensee who is in the process of setting up his business social media accounts. Which of the following is a
general guideline he should implement to ensure he is using social media effectively?
(1) The more social media platforms he uses, the more potential clients Burris can reach. He should aim to set up accounts
across at least eight platforms.
(2) Social media is primarily used for general public relations; as such, it is not necessary for Burris to establish goals for his
social media use and advertisements.
(3) To ensure his business has the “human touch”, Burris should combine his personal and professional social media accounts.
(4) If Burris uses Instagram, Facebook, and Twitter, and his audience is the same across all three platforms, then he should aim
to post different content to each platform.
16. Doris would like to use social media to expand her property management business. She is looking for a social media
platform that is geared towards professionals and can display her current and previous work experience for other industry
members to see. Which of the following social media platforms would BEST match Doris’s requirements?
(1) Facebook
(2) Twitter
(3) Instagram
(4) LinkedIn
17. Which of the following statements is NOT included in the Knowledge Base section entitled “Advertising Checklist and
Sample Advertising”?
(1) Licensees must include the name of their related brokerage on their profile screen.
(2) Licensees must include the name of their related brokerage in each “Tweet@.
(3) A Facebook profile making any claim (i.e., “Top Selling Real Estate Team!@) must include a qualifying statement about the
claim.
(4) A licensee posting a video blog to YouTube must include the name of their related brokerage in the title or description of
the video.
18. If the licensee is a member of a team, the team’s name must be included on the licensee’s website but not in social media
advertising
(1) True
(2) False
19. If linking to an outside database of available properties, it should be clear to consumers which listings are his and which are
not
(1) True
(2) False
21. Scrambling credit card information into an unreadable format is BEST known as which of the following?
(1) Cryptomizing
(2) Encrypting
22. Which one of the following statements regarding digital signatures is TRUE?
(1) Digital signatures are used to authenticate the individual sending the message so as to ensure the integrity of the data.
(2) Digital signatures are codes recorded into software to ensure copy protection and discourage multiple users.
24. Which of the following statements pertaining to British Columbia’s Electronic Transactions Act is TRUE?
(1) An offer or acceptance communicated through electronic means is never legally binding.
(2) Listing agreements are not covered by the Electronic Transactions Act.
(3) Documents that create an interest in land and require registration to be effective against third parties are covered by the
Electronic Transactions Act.
(4) When a British Columbia statute references a written document, it does not exclude electronic documents merely because
they are in electronic form.
26. Many anti-virus and malware protection programs include an auto-update feature that does which of the following?
(1) Instructs the program to download profiles of new viruses and malware from the manufacturer’s website.
(2) Instructs the program to erase all definitions of new viruses or malware so that your computer will be protected.
27. Which of the following is NOT a Personal Information Protection Act (PIPA) privacy principle?
(1) Provide recourse
(2) Obtain consent
(3) Identify the proposal Answers: 1(2), 2(2), 3(1), 4(1), 5(4), 6(1), 7(4), 8(2), 9(4),
(4) Limit use, disclosure, and retention
10(2), 11(4), 12(3), 13(4), 14(4), 15(4), 16(4), 17(2), 18(2),
19(1), 20(3), 21(2), 22(1), 23(2), 24(4), 25(4), 26(1), 27(3)
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