Can a broker solicit business from another brokerage?

In the context of real estate and brokerage practices, the ability for one broker to solicit business from another brokerage is typically governed by established laws and ethical guidelines. The correct answer indicates that written approval is required before a broker can solicit business from another brokerage. This requirement is significant because it ensures that all parties involved are aware of the solicitation and have formally agreed to the terms, thereby fostering professionalism within the industry and avoiding potential conflicts or misunderstandings.

This practice promotes transparency and accountability, which are essential in maintaining trust among brokers and between brokers and their clients. It also aligns with the principle of fair competition, as brokers must respect each other's business operations and client relationships. Written consent acts as documentation that can protect both the soliciting and the solicited brokerage from disputes regarding the solicitation.

While some circumstances might allow for solicitation under specific conditions, those would still generally require some form of acknowledgment or agreement to avoid infringing on the business rights of other brokerages. Hence, the answer provides a clear guideline that aligns with ethical practices within the brokerage community.