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 Using unlicensed agent, Risks associated with unlicensed agent

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TSMeileetan
post Sep 15 2022, 08:44 AM, updated 4y ago

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Joined: Dec 2015
An agent approached me offering to help look for tenants. I asked for name card and searched the agency number on LPPEH. Turns out this agent is not licensed although the company is a valid one. When questioned, she said she already sat for the exam and awaiting results.
She has now successfully secured 2 interested prospects who want to put down the booking deposit. My question is: what risks am I facing if I proceed with the services of this agent? What options do I have - e.g. ask her to co-broke with a licensed REN?
Thanks.

 

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