Which individual is required to have a real estate license?

The requirement for a real estate license is essential for individuals engaged in certain real estate activities, especially when they are acting for compensation. The correct choice reflects this principle.

An individual negotiating business sales for a fee falls squarely under the need for a real estate license. This person is involved in transactions that require expertise in real estate laws and practices and is acting as an intermediary to facilitate the sale, which typically requires licensing to ensure that they are trained and adhere to regulatory standards.

In contrast, the owner of a sixplex managing their property does not need a license because they are managing their own asset. Similarly, a person with power of attorney to sell a house is not required to have a real estate license since they are acting on behalf of the property owner, not as a licensed professional. Finally, a manager of an apartment showing units for rent might not require a full real estate license depending on their specific role and compensation structure, as some property management tasks can be performed under the property owner's license or are exempt from licensing requirements.

Therefore, the need for a real estate license is fundamentally tied to actions taken for a fee and the necessity for regulation and consumer protection in these transactions, which makes the individual negotiating business sales for a fee the clear