@Kevin Manz the terms for licensees is different for each state, so for example in Kentucky you must first be a licensed agent (sales associate), then you can become a broker with time and an exam.

This license permits the licensee to transact business at retail or wholesale.

Since I started learning about Real Estate I thought that being a licensee would be the only way I could sell to gain some capital.

I guess that means he can only deal with other licensees....the broker is protecting the public LOL.Anyway, the OP has recourse against the complaining agent, through the local Board as well as in court, and, I don't see enough details, like a copy of the letter or as to the cause of any complaint to comment.

But one whisper of a complaint, whether from a seller, a licensee, even someone annoyed by your marketing, and you are toast.

It depends if the person is a licensee or an invitee by law (check with an attorney in your state).  

The New Bureau of Real Estate and Its Enforcement, over 150 real estate licensees and real estate attorneys gathered on Monday to hear the new California Bureau of Real Estate (CalBRE) Commissioner speak about his current agenda.INDIVIDUALS PRACTICING REAL ESTATE WITHOUT A LICENSE MAY RECEIVE CRIMINAL CHARGESCommissioner Bell emphasized that his goal is to promote a fair, competent, and law-abiding real estate industry in California.

No person, partnership, association, limited liability company, limited liability partnership, or corporation shall provide services that require a license under this chapter if the licensee's license is inactive, suspended, resigned, or a broker's license on deposit, or if the license has been revoked.

The RMLO, as a licensee, then absorbs all the responsibility and liability for ensuring everything is compliant with Texas' implementation of all the applicable legislation.Personally, I would stay away from Lease to Own and look at leasing with a Right of First Refusal clause, if you are intent to offer renters a path toward ownership.  

In Georgia, a licensee must place the deposit in a trust account through brokerage unless they are using outside management services.