Florida Broker Practice Exam

Which entity would NOT typically require a real estate license?

1. A corporation buying its own property

2. A property management company

3. A government agency providing real estate services

4. A realtor hiring an assistant

The correct answer is: A realtor hiring an assistant

An assistant hired by a realtor typically does not require a real estate license because their role usually involves supporting the realtor rather than directly conducting real estate transactions, such as negotiating contracts or representing clients. The assistant may help with administrative tasks, marketing, or other supportive functions that do not involve the legal responsibilities and obligations associated with holding a real estate license. In contrast, a property management company generally needs a real estate license to manage rental properties and handle tenant relations legally. Similarly, a corporation buying its own property is acting in its own capacity as a buyer and is not engaging in activities requiring licensure as they aren’t offering services to others. A government agency, while it might provide real estate services, often operates under different licensing and regulatory frameworks, which may exempt them from needing a real estate license. This context helps clarify why the assistant’s position, which does not compel them to engage in licensed activities, aligns with the correct answer.