To legally collect a fee for selling a house, you must be what?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

To legally collect a fee for selling a house in California, one must be a licensed real estate broker. This requirement is essential because the California Bureau of Real Estate mandates that any individual receiving compensation for real estate transactions, including selling property, must be properly licensed. Being a licensed broker ensures that the individual is knowledgeable about real estate laws, practices, and ethical standards, thus protecting both the clients and the industry.

A licensed real estate broker has undergone the necessary education, passed a rigorous examination, and holds the appropriate credentials, allowing them to assist clients in navigating the complexities of buying or selling real estate. This licensing process is crucial to ensure professionalism and accountability in real estate transactions.

The other roles mentioned do not meet the legal requirements to collect fees for selling real estate. A certified real estate agent is not a recognized designation in California; agents must work under a licensed broker to engage in activities that require a fee. An authorized property manager typically manages rental properties and does not have the authority to sell properties for a fee without broker supervision. An unlicensed assistant cannot engage in activities that require a real estate license, including collecting fees for sales. Thus, being a licensed real estate broker is the only correct option for collecting a fee for selling a house.

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