What type of license is required to sell real estate in Guam?

Prepare for the Guam Real Estate Exam with quizzes featuring multiple choice questions, explanations, and flashcards. Excel in your test with our comprehensive resources!

In Guam, a Salesperson License is specifically required for individuals who want to engage in the sale of real estate. This license is designed for professionals who act on behalf of a licensed broker in facilitating the buying, selling, or leasing of properties. To obtain this license, candidates typically must complete mandatory pre-licensing education, pass an examination, and meet other requirements set by the Guam Real Estate Commission.

The other types of licenses mentioned serve different purposes and are not appropriate for simply selling real estate. For instance, a Broker License allows an individual to operate their own real estate business and supervise other salespersons, but it is not the entry-level license needed for those just starting in real estate sales. A Real Estate Developer License is necessary for those involved in developing property but is not relevant for agents who sell existing real estate. Lastly, a Property Manager License is required for individuals who oversee and manage properties but does not pertain to the sales functions. Thus, a Salesperson License is the correct and appropriate qualification for someone looking to sell real estate in Guam.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy