Can an unlicensed person receive compensation for sending a prospect to a real estate firm?

An unlicensed person is not permitted to receive any form of compensation for referring prospects to a real estate firm. This regulation is in place to ensure that all individuals involved in real estate transactions are appropriately trained and licensed, which helps to protect consumers and maintain professional standards within the industry. The prohibition against unlicensed individuals receiving payment for these activities is intended to prevent potential abuse and ensure that only qualified persons are able to conduct real estate-related transactions and provide associated services.

Therefore, the correct conclusion is that an unlicensed person cannot legally receive any type of fee or compensation for sending a prospect to a real estate firm. This reinforces the importance of licensing in the field and safeguards the integrity of real estate practices.