A realtor who refers clients to a particular housing counseling agency may also be on that agency’s board provided that:
- The realtor does not refer clients only to the agency with which he or she is affiliated. The realtor must also refer clients to other agencies. In addition, the agency cannot give advice that directly promotes the realtor and/or his practices.
- The realtor cannot receive a referral fee for each client from the agency.
- The realtor cannot personally serve as both the client’s realtor and counselor, and cannot receive a real estate commission at closing.