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A real estate broker operates a business sending real estate leads to various real estate brokerages. These brokerages then pay him a referral fee. Is he in violation of the Oregon laws governing real estate, specifically ORS 696.301?

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Final Answer:

No, a real estate broker operating a business sending real estate leads and receiving referral fees is not in violation of Oregon laws governing real estate, specifically ORS 696.301.

Step-by-step explanation:

ORS 696.301 in Oregon regulates real estate brokers and sets forth guidelines for their conduct.

However, engaging in the business of sending real estate leads and receiving referral fees is not inherently a violation of this statute.

The real estate broker, in this scenario, acts as an intermediary facilitating connections between potential clients and brokerages.

Referral fees are a common practice in the real estate industry and are generally allowed if they comply with state regulations.

In this case, as long as the real estate broker adheres to the relevant provisions of ORS 696.301 and any other applicable laws, the business model of sending leads and receiving referral fees is permissible.

It's important for the real estate broker to stay informed about state regulations, disclose any fees transparently, and ensure that the business practices align with the legal framework in place.

As long as these considerations are taken into account, the broker can continue to operate the business within the boundaries of Oregon real estate laws.

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