Who needs a real estate license in order to transact real estate?

Question

Though every state has its' unique licensing and educational criteria, all require a license to transact certain types of activities. There are some exemptions, even in property management. Did you know that if you perform real estate activities for which you are not licensed, it is a felony in many states?

Answer 1

Anyone receiving compensation for providing real estate services, quoting prices or representing another for fee must be licensed.