Which activity is NOT allowed for an unlicensed assistant?

An unlicensed assistant is not permitted to engage in activities that require a real estate license, and cold calling potential sellers falls into this category. This action involves soliciting potential clients for real estate services, which is considered an act of brokerage. Licensing laws require individuals to have appropriate qualifications and a license to perform such activities.

By contrast, the other activities listed can be performed by unlicensed assistants under the supervision of a licensed real estate professional. For example, following up on loan commitments involves administrative tasks that do not directly engage the public in real estate transactions. Transmitting changes to the MLS is also an administrative duty, essentially a clerical task that does not require a licensed agent's expertise. Recording earnest money is another task that an unlicensed assistant can perform as long as it is done under the guidance of a licensed real estate agent. These tasks do not entail negotiating or engaging in real estate transactions independently, which is why they are permissible for unlicensed assistants.