What is the penalty for selling real estate without a license for a first violation?

The penalty for selling real estate without a license for a first violation is set at a fine of not less than $1,000. This amount reflects the state's commitment to regulating the real estate industry and ensuring consumer protection. By instituting a financial penalty, West Virginia aims to discourage individuals from engaging in real estate transactions without the appropriate credentials, which could lead to unqualified practices that may harm buyers, sellers, and the overall market. This fine serves as a significant deterrent for those considering operating in real estate without proper licensure, reinforcing the importance of compliance with state laws governing real estate practices.