Under RELA, which of the following persons is NOT exempt from the requirement to hold a PA real estate license?
Correct Answer
B) An individual who regularly finds buyers for sellers and receives a referral fee for each transaction
An individual who regularly finds buyers for sellers and receives referral fees is performing licensed real estate activities for compensation. This requires a real estate license and is not exempt under RELA.
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- → The SREC publishes a consent agreement with a licensee who committed RELA violations. What is a consent agreement?
- → In Pennsylvania, what is the National portion of the real estate salesperson exam?
- → How many hours of pre-license education must a candidate complete to qualify for a Pennsylvania real estate salesperson license?
- → Karen is a PA-licensed salesperson who has been inactive for several years. She wants to reactivate her license. Under SREC rules, what must Karen do?
- → A real estate company in Pennsylvania operates as a corporation. Under RELA, what special licensing requirements apply to a corporate real estate entity?
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- → A PA licensee wants to voluntarily surrender their license. Under SREC rules, what happens when a license is voluntarily surrendered?
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A prospective licensee in Pennsylvania completes a 60-hour pre-license course from an online provider. Under SREC rules, is online pre-license education accepted?
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