Which status of your Nevada license allows you to sell real estate and receive a commission?

The correct answer, which indicates the status required to sell real estate and receive a commission, is voluntary active. When a real estate license is classified as voluntary active, it means that the licensee has chosen to be actively engaged in real estate transactions. In this status, the licensee is permitted to represent clients in buying and selling properties and is entitled to receive commissions for their sales efforts.

The other statuses do not allow for active participation in real estate transactions. An inactive license means the licensee is not authorized to conduct real estate business or receive commissions until it is reactivated. An expired license indicates that the license is no longer valid due to non-renewal, prohibiting any business activities in real estate. A suspended license reflects a disciplinary action due to violations or issues, which also restricts the licensee from engaging in any real estate activities, including earning commissions. Understanding these distinctions is crucial for anyone looking to operate legally within the real estate market in Nevada.