What should be done if a licensed real estate agent wants to sell their own property?

When a licensed real estate agent decides to sell their own property, it is essential for them to disclose their licensing status to potential buyers. This disclosure serves multiple important purposes: it maintains transparency, helps avoid potential legal issues, and ensures that buyers are fully informed about the seller's expertise and professional background in real estate.

By revealing their status as a licensed agent, the seller can foster trust and confidence among buyers, who may otherwise question the motivation behind the sale or the accuracy of the property’s information. This practice not only aligns with ethical standards in the real estate industry but also complies with legal requirements that aim to protect consumers in transactions.

The other choices suggest actions that are not typically necessary for licensed agents selling their own properties, such as notifying a board or listing with another broker, which can create unnecessary hurdles, or suggesting they can proceed without additional disclosures. In reality, the most prudent and ethical action is to disclose their licensing status to ensure a fair and transparent transaction.