Agency
In Colorado, a real estate broker who is also the seller of a property they personally own must:
AA. Not sell the property themselves due to conflict of interest
BB. Disclose their licensed status to potential buyers, as it is a material fact that affects the transaction✓ Correct
CC. Use a separate broker to handle the transaction
DD. Waive their right to a commission
Explanation
When a licensed Colorado broker is selling their own property, they must disclose their licensed status to buyers. This is a material fact — a licensed broker may have knowledge and negotiating skills beyond those of a typical seller.
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