Which activity requires a license in real estate?

The activity that requires a license in real estate is negotiating with or aiding any person in locating or obtaining for purchase, lease, or acquisition an interest in real estate for a fee. This answer is correct because, in Indiana, real estate licensing laws specify that any activity that involves negotiating a transaction, providing advice for compensation, or facilitating a real estate deal requires a licensed professional. Real estate brokers and agents have specific training and certification that qualifies them to perform these functions legally and ethically.

In contrast, advising a friend on property investments does not require a license since it is informal and lacks a professional context where compensation is exchanged for advice. Similarly, reading property listings in a newspaper is simply an informational activity that does not involve any active participation in real estate transactions. Assisting family members with real estate transactions may not require a license unless the individual is acting in a professional capacity for compensation; generally, personal assistance among family does not fall under licensed activities.