What does a license in real estate allow an individual to do?

A license in real estate primarily empowers an individual to operate as a real estate broker, which involves the professional representation of buyers and sellers during real estate transactions. It signifies that the individual has completed the requisite education, passed examinations, and is familiar with the laws and regulations governing real estate practice. This means that licensed brokers can facilitate the buying, selling, and leasing of properties, providing essential support and guidance to their clients.

Being licensed is a legal requirement to engage in these activities, ensuring that individuals have the necessary knowledge to protect the interests of their clients and adhere to ethical standards within the real estate industry. In contrast, owning property without restrictions, managing rental agreements without training, and acting as a property inspector do not require a real estate license and are governed by different legal criteria and regulations.