Question

Review the activities that require a real estate license and the exceptions, take a look at your resource and indicate the actions that require a real estate license.

A.) Joan has noticed a huge real estate boom in her neighborhood, and she wants to get in on the action so she can earn money selling real estate.
B.) Enrique has designed the most amazing marketing materials for some houses for sale and plans to have fliers printed up with his contact info and commission rates on them.
C.) To get a jump start on the housing boom in town, Beverly joins a few professional associations and introduces herself as a commissioned real estate professional at the meetings.
D.) Howard sees an ad for a foreclosure sale in Smyrna. When he goes to check it out, he gets the idea that he might like to buy and sell real estate.

Answer 1

To determine which activities require a real estate license, we analyze the given scenarios. Selling real estate, presenting oneself as a commissioned real estate professional, and buying/selling real estate all require a real estate license.

Step-by-step explanation:

Review:

To determine which activities require a real estate license, let's analyze the given scenarios:

A. Joan: Joan wants to earn money selling real estate. Selling real estate requires a real estate license. Therefore, Joan would need a real estate license to engage in this activity.

B. Enrique: Enrique plans to design marketing materials and have fliers printed up with his contact info and commission rates. This activity does not involve selling or transacting in real estate, so Enrique would not need a real estate license for this.

C. Beverly: Beverly joins professional associations and introduces herself as a commissioned real estate professional. By presenting herself as a commissioned real estate professional, Beverly is implying that she is engaged in real estate transactions. Therefore, she would need a real estate license for this activity.

D. Howard: Howard considers buying and selling real estate after seeing an ad for a foreclosure sale. This activity involves buying and reselling real estate, which requires a real estate license. Therefore, Howard would need a real estate license for this activity.

Conclusion:

The activities that require a real estate license are:

Joan's activity of selling real estate

Beverly's activity of presenting herself as a commissioned real estate professional

Howard's activity of buying and selling real estate