Which person needs a real estate license in Indiana?

The individual who needs a real estate license in Indiana is the person managing rental properties for a fee. This requirement is in place because managing rental properties involves activities such as marketing the property, showing it to prospective tenants, calculating rental rates, negotiating leases, and handling the financial aspects of property management. These tasks are considered real estate services that necessitate a licensed professional to ensure compliance with legal standards and protect consumer interests.

In Indiana, there are exemptions for certain individuals, such as homeowners who are selling their own property or negotiating an exchange of similar properties. Therefore, those managing rental properties for a fee must be licensed to ensure they possess the necessary knowledge of real estate laws and practices to operate legally and ethically.