Texas License Law
A Texas 'referral agent' license allows the holder to:
APerform all licensed real estate activities
BOnly refer clients to active brokers in exchange for a referral fee✓ Correct
CManage up to 5 properties independently
DConduct open houses and show properties
Explanation
Texas does not currently have a formal 'referral only' license category. A licensee who wishes to operate only as a referral agent must maintain an active license sponsored by a broker, and all referral fees must be paid through the sponsoring broker.
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