One of the benefits of being a real estate Broker or Salesperson is that you can work for yourself. As a licensee, it’s best to avoid sharing details regarding your clients and keep up to date with the licensure rules in your state so you don’t risk losing your license.
#HOW TO DEACTIVATE A NEVADA REAL ESTATE LICENSE LICENSE#
Whether you’re working with an average client or a famous one, you could have your license suspended by your state’s commission if you spill too much of their personal information. But you may break client confidentiality if you post that Tweet.
If you’re working with a famous client, you may be tempted to brag about it on social media. If you become a luxury real estate Salesperson or real estate Broker, client confidentiality is non-negotiable. Yes, you can share the listing information of the home, but sharing where they work, their marital status, and the names of their family members, for example, are off-limits. When you’re working with a client on a purchase or sale, what they tell you is confidential. Keep in mind, these are not all of the reasons that a license can be revoked and each state has different rules regarding the revocation of a license - but by reading this guide, you’ll have a better understanding of how and why real estate license revocation occurs. Each state’s real estate commission or licensing board has rules in place to protect real estate licensees and their clients. This guide will cover why people lose their real estate license, why licenses get suspended, and if you can get your license reinstated after losing it. There are a number of reasons that a real estate agent can lose their license.
What Are the Top Reasons a Real Estate Agent Loses Their License?