What does a real estate salesperson need to disclose when selling their own property without a broker?

Prepare for the Nevada Key Realty Test with our set of flashcards and multiple choice questions. Each question comes with hints and explanations to help you succeed. Get exam-ready!

When a real estate salesperson is selling their own property without the involvement of a broker, they are permitted to act as a private citizen. In this capacity, they do not have to disclose their real estate license when engaging in this transaction. This is because they are not representing an agency or acting as a broker; instead, they are acting in a personal capacity.

It is important for real estate professionals to understand that although they possess a license, when they sell their own property, they are afforded the same rights as any individual selling their home. They may choose to disclose their license status if they feel it is beneficial, but it is not a requirement. This allows for flexibility in private transactions, distinguishing personal dealings from professional acts where full disclosure would typically be necessary.

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