What is true about unlicensed assistants regarding property transactions?

Unlicensed assistants can play a valuable role in real estate transactions, but their activities are limited to specific support tasks. Acting as a closing or transaction coordinator is within their permitted scope of responsibilities. This role typically involves managing paperwork, coordinating communication between parties, and ensuring that all necessary documents are gathered and processed correctly.

This means they can facilitate the process without engaging in activities that require a license, such as negotiating prices or directly communicating substantive details about the property that could influence buying decisions. An unlicensed assistant can support licensed agents by organizing closing activities and timelines, which helps streamline the transaction for both the agents and the clients.

In contrast, negotiating prices or showing properties usually falls under the duties that require a licensed real estate professional due to the potential legal implications and the need for industry knowledge. Answering complex questions about property also generally necessitates a licensed individual's expertise, particularly if the responses could affect a buyer's decision.