I've been in attendance.Plus Nevada passed new legislation last summer regarding real estate licensees and property managers hiring of licensed and unlicensed workers.

I believe the intent of these types of laws is to keep new real estate licensees from jumping right in and working with the public independently when in reality you really still do not know what you are doing!!

However, an agent or broker coming into a cooperative state to conduct business must have a co brokerage agreement in place with a licensee of that state.

Reciprocity generally is reserved for nonresidential licensees whose primary practices are in their home state.

The licensee can lose their license splitting a commission with s non licensee.

If you do get it under contract, you cannot legally market the property unless you are a licensee.

The seller is a licensee, he has the same duty to the licensees that brought him the offers.Otherwise, you're putting the seller in a position where it looks like he may have orchestrated his offers putting together a better offer and trying to cut the other agent out if the property is sold to another entity, like a partnership. 

The reason being is that when you're a Realtor, you're able to unlock certain sections in REIFAX that will be unable to you if you are not an active licensee.

Of course again that was not for new licensee's

I think the key is the brokerage and what you plan to do with your license.I like it for the MLS access for info not necessarily for deals.I like it for control over your own deals and nego (disclosure of course)I like it that I can access all property on the market.My issue is my deal with other investors that needs certain services I just can't do.I can only be paid through my brokerage (so no finders fee etc)My company don't provide transaction licensee service.Although get license means residential and commercial, I need to take in-house training not available til fall!!!!