Question

A real estate licensee typically allows the licensee to A) give tax advice to a prospective purchaser of real estate. B) provide legal advice to clients but not customers. C) represent clients and customers in residential or commercial property transactions, but not both. D) specialize in any category of real property.

Answer 1

C) represent clients and customers in residential or commercial property transactions, but not both.

A real estate licensee refers to an individual who holds an active license as a real estate broker, principal real estate broker or licensed real estate property manager.

A real estate licensee has permission to enter into a property they represent with the general public. This means that the owner of the real estate grant the agent his or permission to make use of the land.

Other duties of a real estate licensee are :

1. Determining clients’ needs and financials abilities to propose solutions that suit them.
2. Providing guidance and assisting sellers and buyers in marketing and purchasing property for the right price under the best terms.

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Answer 2

The thing which a real estate license allows the licensee to be able to perform is to:

• D) Specialize in any category of real property.

Real Estate licensee

A real estate licensee is a person who has the legal backing to be able to show prospective home owners various house listings and to also help them make a choice.

With this in mind, when a licensee becomes legal, that is has the backing of the government, then he can be allowed to specialise in any category of real property such as:

• Residential
• Commercial
• Raw land, etc

Therefore, the correct answer is option D

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