Final answer:
Unlicensed assistants in the real estate industry can be compensated on an hourly or salaried basis, but their pay must not be directly related to real estate transactions. This is to prevent any unlawful incentivization for unlicensed work.
Step-by-step explanation:
The statement that unlicensed assistants can be compensated on an hourly or salaried basis but never directly related to transactions is true. In the real estate industry, licensed professionals must adhere to specific regulations regarding how they compensate their staff. Unlicensed assistants, who are not licensed to engage directly in real estate transactions, should be paid in a manner that is not contingent on the closing of a transaction. This is meant to avoid any legal or ethical issues that could arise if unlicensed personnel were incentivized to perform duties requiring a license.
Unlicensed assistants are often tasked with administrative duties such as answering phones, scheduling appointments, or managing paperwork. While they provide valuable support, it is important for licensed real estate professionals to ensure that these assistants do not engage in activities that legally require a license such as discussing prices, negotiating deals, or soliciting real estate services. Remuneration for unlicensed assistants should reflect their non-transactional role and adhere to local regulatory standards.