«Under the provisions of Section 1101.002 (1)(A)(ix) and (x) of the Real Estate License Act a person making a referral of
prospects or property
for the sale or rental of real estate must be licensed under the act if the referral is done with the expectation of receiving
valuable consideration.
The Commission found that Mr. Agarwal agreed to negotiate and negotiated a potential purchase of property, agreed to list and listed, agreed to offer and offered a property
for sale, advertised and held himself out as engaged in the business of selling real estate, directed and assisted in the procuring of
prospects and in the negotiation of a transaction which was calculated to result in the sale of a property and intended or expected to receive compensation or other
valuable consideration for the above conduct, while not licensed under Chapter 4735.