An unlicensed real estate assistant may do which of the following without a license?

The answer regarding what an unlicensed real estate assistant may do is accurate as unlicensed individuals can receive referral fees in specific circumstances. This is permissible under certain regulations, as long as the assistant is not providing any real estate services that require a license. For example, they can earn a referral fee for connecting clients with licensed agents or brokers, provided that the payment adheres to the state's legal framework governing referral fees.

The other options involve activities that typically necessitate a real estate license. Discussing financing options or property details with clients usually requires an understanding of legalities and financial regulations, which unlicensed assistants do not possess. Holding open houses and engaging in discussions about properties also generally demands a level of expertise and authority that only licensed agents should have. Additionally, full-service property management is regulated heavily due to its complexity and the responsibilities involved, which cannot be undertaken by unlicensed personnel. Thus, providing full-service property management is not permitted for someone without a license.