Referral Commission Question

[Matthew Riggs]

I always here you have to be “licensed” to collect referral money, but then I watched a video on YouTube that says as long as YOU are not conducting in a way that you would normally need a license and you simply refer the business, you are allowed to collect a referral check. Anyone have actual experience collecting referral money without a RE license? Can’t someone just “gift” someone a certain amount of money per year anyways without triggering taxes/etc? Who is keeping track of what that agent does with their money once it get split by with the brokerage and then goes into their bank account? I never understood that part, and what the real repercussions are.