Differentiation should include responsibilities, costs, training/education, and limitations/permissible activities.
Additionally, description should include the role of a transaction coordinator.
DPOR correlation: 18VAC135-20-400. 25 (Real Estate Board regulations)
Process/Skill Questions:
- What is the difference between a licensed and unlicensed assistant in the real estate industry?
- What are the pros and cons of using a licensed assistant vs. an unlicensed assistant?
- What does a transaction coordinator do?
- Are unlicensed agents paid in the real estate industry? If so, by whom?
- Can only licensed agents access the MLS and write contracts? Explain.