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Pa Licensing Requirements CeReciprocity_paEASY

A PA broker receives a referral from a licensed agent in Canada for a Canadian buyer looking to purchase a vacation home in the Poconos. Under RELA, can the PA broker work with the Canadian referral source?

Correct Answer

D) Yes, the PA broker can accept the referral and pay a referral fee to the Canadian agent's brokerage

PA brokers can cooperate with international licensed agents. The PA broker can accept the referral from the Canadian agent and pay a referral fee to the Canadian agent's brokerage. The Canadian agent does not need a PA license to make a referral.

Answer Options
A
Only if the transaction is over $500,000
B
No, PA brokers cannot cooperate with international licensees
C
Only if the Canadian agent obtains a PA license first
D
Yes, the PA broker can accept the referral and pay a referral fee to the Canadian agent's brokerage

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Related Topics & Key Terms

Key Terms:

international_referralCanadaPoconosreferral_fee
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