In Georgia, a person holding only a real estate license could legally do which of the following?

A person holding a real estate license in Georgia is authorized to complete a Comparative Market Analysis (CMA) or a Broker Price Opinion (BPO) for a seller or buyer. This is because the activities of preparing a CMA or BPO fall within the scope of real estate practice, which licensed agents are specifically trained to perform.

A CMA is typically used to estimate a property's value by comparing it to similar properties that have recently sold in the area, while a BPO is an opinion of value that a real estate professional provides but is different from a formal appraisal. Both of these activities involve analysis of market data and property features, which are core competencies for those in the field of real estate.

The other activities mentioned, such as appraising real property, selling securities, or auctioning real estate, require additional licensing or qualifications beyond a standard real estate license in Georgia. For instance, appraising typically requires an appraiser's license, and auctioneering real estate generally necessitates a separate auctioneer's license. Selling securities also involves compliance with securities regulations and typically requires a specific financial license. Therefore, completing a CMA or BPO is the only option legally permissible for someone holding just a real estate license in Georgia.