Can a Georgia real estate agent legally accept a referral fee from another broker?

Prepare for the Georgia Laws and Rules Exam with flashcards and multiple choice questions. Every question includes hints and explanations. Get ready for your success!

In Georgia, a real estate agent can legally accept a referral fee from another broker as long as it adheres to both legal regulations and the policies set forth by their brokerage. This means that the transaction must comply with the Georgia Real Estate Commission (GREC) rules, which govern the conduct of licensees in the state, ensuring transparency and professionalism in real estate transactions.

Additionally, brokerages often have specific policies regarding referral fees, so it’s essential for agents to follow these internal guidelines. By operating within these frameworks, the agent ensures that they are not violating any laws or ethical standards associated with the real estate profession. Therefore, the correct answer acknowledges the balance between legality and adherence to brokerage policies, allowing agents to receive referral fees legitimately.

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