Which of the following would NOT be considered a professional competency for a real estate broker?

Personal investment strategies would not be considered a professional competency for a real estate broker because they focus more on the individual broker's personal financial interests rather than their professional duties and responsibilities. A real estate broker's primary role is to assist clients in buying, selling, or leasing properties, which requires specific competencies that enhance their effectiveness in this regard.

Knowledge of local markets is essential for a broker, as it allows them to provide clients with valuable insights into property values and trends, enabling clients to make informed decisions. Similarly, the ability to negotiate contracts is critical for successfully closing deals and ensuring that the terms align with both the client's goals and legal requirements. Understanding building codes is also a necessary competency, as it ensures that the broker is aware of legal parameters and safety standards when facilitating transactions.

These competencies directly contribute to the broker's ability to perform their job and serve clients effectively, while personal investment strategies, while potentially beneficial to the broker’s own financial education, do not pertain to the professional skill set required to engage with clients in the real estate market.