What is required for a California real estate broker when negotiating to buy property in Nevada?

In California, a licensed real estate broker may conduct business in other states, including Nevada, without obtaining a license from that state, provided they are not physically conducting real estate transactions there. This means that while the broker will need to adhere to California laws and maintain their California license, they do not need to obtain a Nevada broker's license as long as they are negotiating remotely or working with Nevada clients in a way that doesn't require local representation.

It's important to note that while the California broker can negotiate deals or provide consulting services regarding Nevada property, they must ensure that they are compliant with all applicable laws in California. They must also be cautious about specific transactions that might require local representation, as regulations vary by state. Therefore, holding a valid California broker's license is sufficient for negotiating property purchases in Nevada from California, as the Nevada real estate market does not require an out-of-state broker to be licensed, provided they operate within the stipulated boundaries.