A real estate broker with an inactive license is permitted to handle which of the following?

A real estate broker with an inactive license is permitted to handle which of the following?

• A. Take listings for an active broker but not close sales
• B. Handle all aspects of marketing in the sale of his/her own property
• C. Receive a nominal fee for referring calls to an active broker
• D. Receive a salary for showing listed properties on behalf of an active broker as long as no sales negotiations take place

Answer: (B)

A real estate broker with an inactive license is allowed to handle all aspects of marketing the sale of his or her own property. This means that even though the broker’s license is inactive, they retain the right to sell their own property without needing to reactivate their license. Real estate laws generally provide that individuals can manage their own transactions, including marketing and selling their personal properties. It is important to note that the limitations come into play when brokers attempt to engage in real estate activities on behalf of others or act as intermediaries, which are not permitted under an inactive license. In other scenarios, brokers cannot perform specific activities like taking listings for another broker, facilitating sales negotiations, or handling funds unless their license is active. This distinguishes personal transactions from professional transactions when dealing with clients, tenants, or buyers.

A real estate broker with an inactive license is allowed to handle all aspects of marketing the sale of his or her own property. This means that even though the broker’s license is inactive, they retain the right to sell their own property without needing to reactivate their license.

Real estate laws generally provide that individuals can manage their own transactions, including marketing and selling their personal properties. It is important to note that the limitations come into play when brokers attempt to engage in real estate activities on behalf of others or act as intermediaries, which are not permitted under an inactive license.

In other scenarios, brokers cannot perform specific activities like taking listings for another broker, facilitating sales negotiations, or handling funds unless their license is active. This distinguishes personal transactions from professional transactions when dealing with clients, tenants, or buyers.