South Carolina · S.C. Code §40-57-135(K)Do transaction coordinators need a license in South Carolina?

South Carolina doesn't license transaction coordinators as such, but it lists what an unlicensed individual working under the supervision of a broker-in-charge – or an unlicensed employee of an owner – may not do in any real estate transaction, sale or lease (S.C. Code §40-57-135(K)). Such a person may not discuss, negotiate or explain a contract, listing agreement, buyer agency agreement, lease or other real estate document; answer questions about company listings, title, financing or closing issues except with information that's otherwise publicly available; show property for sale (other than vacant units in a multifamily building) or host an open house; negotiate or agree to compensation, commission splits or referral fees for a licensee; be paid solely on the basis of real estate activity, such as a percentage of the commission or an amount based on the listing or sales compensation; or do anything else that requires a real estate license. Trust funds a licensee receives go to the broker-in-charge by the next business day (§40-57-136(B)(4)). The work that's left – assembling files, tracking deadlines, scheduling and passing along documents – isn't on the prohibited list, but anything that explains or negotiates terms is.