Wisconsin License Law
A Wisconsin real estate licensee who wants to receive a referral fee from an out-of-state broker must:
AHold a license in the other state
BBe licensed in Wisconsin; referral fees can only be paid to licensed brokers✓ Correct
CRegister the referral with DSPS
DDisclose the referral fee on the WB-11
Explanation
In Wisconsin, referral fees can only be paid to licensed real estate brokers; paying a referral fee to an unlicensed person is prohibited.
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