Wisconsin License Law
A Wisconsin real estate licensee who wants to purchase a property listed by their own firm must:
ADecline to purchase to avoid conflicts
BDisclose their licensed status and the nature of the transaction to all parties✓ Correct
CObtain DSPS approval first
DHave an outside broker represent them
Explanation
A Wisconsin licensee buying property listed by their own firm must fully disclose their licensed status and any conflict of interest to all parties involved.
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