What is true regarding Jack, a licensed broker in Illinois, wanting to assist a buyer in Charlotte, NC?

The correct answer indicates that Jack, as a licensed broker in Illinois, may accompany the buyer to North Carolina and show property if he is affiliated with a North Carolina broker. This scenario acknowledges the requirement of local licensure in real estate transactions. Each state has its own real estate regulations, and North Carolina law stipulates that to conduct real estate activities within its borders, one must be licensed there. By being affiliated with a North Carolina broker, Jack ensures compliance with state regulations, allowing him to legally assist the buyer with property showings in that jurisdiction. This affiliation typically entails a collaborative agreement, ensuring that both brokers are working within the framework of the law.

The other choices provided have contexts that do not fully conform to real estate regulations. Referring a buyer to a local broker and receiving a referral fee requires adhering to specific rules and often necessitates a formal agreement in place. Meeting with the buyer in Illinois to discuss the purchase process does not constitute engaging in real estate activities in North Carolina; it merely serves as a consultation far from the actual transaction. Lastly, while the North Carolina Real Estate Commission has jurisdiction over real estate activities within the state, stating that this jurisdiction only applies if Jack engages in illegal activities misrepresents the regulatory oversight; any brokerage