26 April Can a licensed RE Broker share commissions with an attorney who does not have a real estate license? April 26, 2017 By Cindy Sellers Commission 0 Effective October 1, 2016, lawyers may only share in the commission, if: the lawyer is licensed in Maryland; the lawyer provides real estate brokerage services to another person; and those services are in the course of the lawyer’s regular practice of law.They would also have to negotiate compensation in advance if they are not members of the Multiple Listing Service (MLS)—unilateral offers of cooperative compensation through the MLS are only made to members of the MLS. Additionally, they would not have access to MAR forms unless they were REALTOR® members. Related Posts Does the Broker’s Act require real estate licensees to list their license category in all advertising that involves the sale, rent, or offer to purchase real property? Does the Broker’s Act require real estate licensees to list their license category in all advertising that involves the sale, rent, or offer to purchase real property? Q. Does the Broker’s Act require real estate licensees to list their license category in all advertising that involves the sale, rent, or offer to purchase real property? Advertising My broker has informed me that under no circumstances may I contact the owners of property following my departure from the company and that any listing I have will remain with my current broker. My broker has informed me that under no circumstances may I contact the owners of property following my departure from the company and that any listing I have will remain with my current broker. Is my broker right? I understand that real estate licensees may provide ministerial acts in a residential real estate transaction. I understand that real estate licensees may provide ministerial acts in a residential real estate transaction. What is a ministerial act? A licensed Illinois real estate broker has developed an interactive website that generates buyer and seller leads. The company enters into a referral agreement with a licensed broker in Maryland to participate in the program. Upon a closing the company collects a referral fee paid from the Maryland broker to the Illinois broker per the referral agreement. The Illinois broker is not licensed in Maryland, are there any restrictions regarding payment of the referral fee from the Maryland broker to the Illinois broker? Q: I understand that real estate licensees may provide ministerial acts in a residential real estate transaction. What is a ministerial act? Agency Comments are closed.