As a licensed Auctioneer, are you entitled to a referral fee from real estate transactions?

In the context of auctioneering and real estate transactions, licensed auctioneers may be entitled to a referral fee provided they hold a valid real estate license. This intersection of roles allows for the auctioneer to earn compensation for referring clients or properties to real estate professionals. However, it's important to note that the specifics around the percentage—like the 2% mentioned—can vary based on agreements between parties and local laws.

In Georgia, for example, if an auctioneer has both an auctioneer's license and a real estate license, they are eligible to receive referral fees when they facilitate connections between clients and real estate agents. This practice adheres to the regulations governing both professions, ensuring that auctioneers can participate in real estate activities while remaining compliant with legal obligations.

Therefore, this answer, which suggests that a specific percentage of referral fee is allowed, emphasizes the understanding that earning referral fees is contingent upon having the necessary licensing in place and adhering to the guidelines outlined by the Georgia Real Estate Commission.