[AZ] [SFH] Does this qualify as a conflict of interest?

HOA with SFHs and a self-managed HOA. Several months ago, a new GM was hired as a FTE to replace a departing GM. Turns out the new GM is an active and licensed realtor who is now acting as a listing agent for homes within the community and apparently also being allowed to act as a buyer's agent. Is there too much opportunity to have a conflict of interest in this situation?