Christopher is a licensed sales agent sponsored by Coastal Realty in Corpus Christi, Texas. Jose has been a real estate broker i

Question

2 years ago

8

Christopher is a licensed sales agent sponsored by Coastal Realty in Corpus Christi, Texas. Jose has been a real estate broker i

n Playa del Carmen, Mexico, for five years. In that time, Mexico has not required any kind of license or registration to engage in brokerage activity. Christopher has clients interested in purchasing property on the Gulf Coast of Mexico. Christopher has referred his clients to Jose. Can Christopher accept compensation from Jose for referring his clients to Jose

Business

1 answer:

dedylja [7] · Answer 1 · 2022-09-02T02:14:09+03:00

Answer:

Yes.

Explanation:

Christopher can accept referring fee from Jose for clients referred to him but he should disclosed this fee as referring fee since he is a licensed agent. Jose may or may not disclose referral fee paid by him since he is not registered sales agent and Mexico does not require any kind of license for brokerage activity.