Is it permissible for an inactive real estate broker to market properties?

An inactive real estate broker is permitted to market properties, but this is limited to their own properties. This means that while the broker cannot engage in the general practice of real estate brokerage, they are allowed to promote and market properties they personally own. This rule is in place because the broker retains ownership of the property, thus allowing them to act in their own best interest without needing to adhere to the regulations that govern active brokers who are involved in transactions for others.

This position ensures that the broker maintains compliance with state regulations while still being able to manage their own real estate investments. In contrast, engaging in marketing on behalf of other properties, or partners, or receiving consent from a broker could require an active license, as such activities typically relate to brokerage services that must be performed under the authority of an active license. Therefore, the interpretation of permissible activities for an inactive broker is clearly defined by their ownership status of the properties in question.