Michigan License Law
A Michigan broker who sells their own property must:
AUse a different brokerage to list the property
BDisclose in writing that they are a licensed broker✓ Correct
CPay a commission to their own firm
DObtain special approval from LARA
Explanation
Michigan licensees selling their own property must disclose their licensed status in writing to the buyer. This disclosure ensures buyers know they are dealing with a real estate professional.
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