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Real Estate: If I have an online process that helps apartments lease their units, should I have a real estate license to accept the referral fees?
JE
JE
James Engel, Real Estate, Property Management, Crowdfunding answered:

Every state has different rules and regulations. Typically were the line is blurred is if you actually engage in the showing, promoting , leasing or doing any work for the landlord that would require a license

If you are exclusively going to do marketing than do not call it a referral, but a simple marketing fee that would be due only if the marketing you launched ended in the unit being rented.

The minute you start executing services that would require a real estate license, such as drawing up contract, taking applications, showing units etc., then you are in RE Agent territory.

Keep it simple and keep it clear and draw a very strict line on what you offer and you should be ok.

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