An unlicensed real estate assistant is someone who helps a licensed real estate agent with their day-to-day tasks. This can include setting appointments and open houses researching properties and preparing marketing materials. Many real estate assistants start as interns or trainees, working their way up the ladder. While you don’t need a real estate license to be an assistant, you must be well-organized, detail-oriented, and have solid real estate market knowledge.
How To Pay An Unlicensed Real Estate assistant?
There are a few ways to pay an unlicensed real estate assistant. One way is to pay them directly through the licensed broker or salesperson. This is often the most efficient way to handle payments, as the broker or salesperson can then take care of any taxes or other financial obligations associated with the payment.
Another way to pay an unlicensed real estate assistant is to set up a separate account for them and make payments into that account. This can be helpful if you want to keep track of how much you are paying the assistant and for what services. Finally, you can give the assistant cash for their services.
What Can an Unlicensed Real Estate Assistant Do?
An unlicensed real estate assistant can do many things to help a licensed real estate agent. They can obtain information, help with open houses, collect and distribute information from the brokerage, advertise, put up real estate signage, make plans for repairs, and do banking and accounting tasks.
An unlicensed real estate assistant can obtain information about properties and potential buyers or sellers from various sources. They can access public records to get information about the property, such as the deed, tax records, and zoning information. They can also contact the agent or broker to get more information about the listing.
Helping with Open Houses
An unlicensed real estate assistant can help with various tasks related to selling a home. One of these tasks is helping with open houses. An unlicensed real estate assistant can help set up the open house, greet guests, and answer any questions. Additionally, an unlicensed real estate assistant can help prepare the home for the open house, such as making sure it is clean and presentable.
Collecting and Distributing Information from the Brokerage
An unlicensed real estate assistant can collect and distribute information from the brokerage. This information can include but is not limited to property listings, market information, and client information. The assistant can also show properties to clients but cannot negotiate or execute contracts on behalf of the brokerage.
An unlicensed real estate assistant can help with several tasks related to advertising a property. They can help to create flyers and other marketing materials, as well as post these materials around the community and online. Additionally, they can help to set up and manage open houses and showings. By performing these tasks, an unlicensed real estate assistant can help increase a property’s visibility and generate interest from potential buyers.
Real Estate Signage
An unlicensed real estate assistant can perform various tasks to support a real estate agent. One of these tasks is handling real estate signage. This involves putting up signs to advertise a property for sale and taking them down when the property is no longer on the market. Real estate signage can be time-consuming and detail-oriented, so it is essential to have someone organized and efficient to handle it.
Make Plans for Repairs
An unlicensed real estate assistant can do several things to help a property owner prepare their home for sale. One of the most important things they can do is help to plan for any necessary repairs. This can involve creating a list of needed repairs, getting quotes from contractors, and helping to schedule the repairs.
This can be a vital service for a property owner who may not have the time or knowledge to do this themselves. By helping to plan and coordinate the repairs, the assistant can take a lot of the stress out of the process for the property owner.
Banking and Accounting Tasks
Tasks, including banking and accounting tasks. With regards to banking, an unlicensed real estate assistant can handle tasks such as deposits, withdrawals, and transfers. Regarding accounting, an unlicensed real estate assistant can handle tasks such as invoicing, bookkeeping and preparing tax returns. In addition to these tasks, an unlicensed real estate assistant can perform administrative tasks, such as scheduling appointments and maintaining files.
Can you pay a referral fee to an unlicensed person in Georgia?
In Georgia, it is illegal for a licensed individual to pay a referral fee to a non-licensed individual. This is because referral fees are considered a form of kickback, which is illegal under state law.
Kickbacks are any form of financial compensation given in exchange for referring business to another individual or company. In the context of real estate, kickbacks can take many different forms, such as referral fees, finder’s fees, or even commission splits.
These kickbacks are illegal in Georgia and can result in disciplinary action from the Georgia Real Estate Commission
Can an unlicensed real estate assistant earn a commission on a sale?
No, commission checks are entirely the perk of the agents and brokers employed with the brokerage. Assistants receive compensation through a salary, hourly rate, or per-job payment. This is because agents and brokers are licensed professionals who have completed the necessary education and training to earn a real estate license.
In contrast, an unlicensed real estate assistant has not completed the necessary education and training to earn a real estate license. As a result, an unlicensed real estate assistant cannot earn a commission on a sale.
It is essential to be careful when hiring an unlicensed real estate assistant. Please make sure you are clear about the duties they will be performing and that you are comfortable with them working unsupervised. Be sure to draw up a contract that outlines their duties and compensation. Finally, be sure to pay them promptly and fairly for their services.