Final answer:
Brokers' licenses typically permit real estate activities within the issuing state, but those brokers generally cannot legally handle transactions involving out-of-state properties without additional authorization. Licenses are designed to establish education and quality standards for professionals. Restrictions and requirements can vary based on residency and the state's regulations on occupational licensing.
Step-by-step explanation:
The assertion that brokers' licenses allow brokers to perform services anywhere within the state's borders and that a broker can arrange the sale of out-of-state property as long as the services are conducted within the state is not entirely unchallenged.
Occupational licenses, including those for real estate brokers, are typically issued by state agencies and are designed to establish a standard of education and testing that professionals must meet to work in a specific field. While a broker may be licensed to operate within a state, their license does not necessarily authorize them to engage in real estate transactions involving out-of-state properties, unless they are also licensed in the state where the property is located or have an agreement with someone who is. Additionally, while interstate comings and goings are a fundamental right, federal statutes and state laws can impose certain restrictions related to residency and services, as evidenced by Supreme Court rulings.