Free Pennsylvania Real Estate Practice Exam Practice Question
A salesperson owns a residence and wishes to sell it without listing it. Under Pennsylvania license law, the salesperson MUST:
Correct Answer: B
Rationale: In Pennsylvania, a salesperson selling their own property must disclose their status as a real estate licensee in all advertising. This transparency helps protect consumers by ensuring they are aware they are dealing with a professional, which is essential for ethical practice.
Option A is incorrect because listing with a firm is not mandatory for a licensee selling their own property. Option C is not a requirement; while offering a commission to cooperating brokers is common, it is not legally mandated. Option D is also misleading; while having an active license is necessary to conduct real estate transactions, it does not specifically pertain to the act of selling one's own property.
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