Who among the following is required to have a real estate license?

Sales agents working for a builder are required to have a real estate license because they engage in activities that involve negotiating, facilitating, or coordinating the sale or lease of real estate on behalf of clients. In Texas, anyone who represents another person in real estate transactions needs to be licensed under the Texas Real Estate Commission (TREC) guidelines.

This requirement ensures that sales agents have the necessary knowledge and skills to protect the interests of buyers and sellers while adhering to legal and ethical standards in the real estate industry. This includes understanding property laws, market trends, and the intricacies involved in real estate transactions.

On the other hand, renters leasing properties typically do not need a real estate license, as they are essentially consumers rather than agents facilitating transactions. Homeowners selling their own properties are also exempt from licensing requirements since they are representing themselves in the sale without acting on behalf of another party. Foreclosure sale participants, while involved in a specific scenario of real estate, do not require a license to participate in such sales, as they are usually buyers or bidders in the auction process rather than agents representing clients.