Which statement is NOT true about a residential rental locator?

The statement that a residential locator must have a real estate license is indeed accurate, as most states require individuals who engage in activities related to leasing or rental property to hold a valid real estate license. This ensures they adhere to regulations and standards that protect both renters and property owners.

The assertion that a residential locator is only needed for commercial properties is incorrect; residential locators specifically assist individuals looking for homes or apartments to rent, rather than commercial real estate, which would require a different kind of specialist entirely.

When considering the role of a residential locator, it’s clear their primary function is to facilitate connections between renters and properties, addressing the needs and preferences of potential tenants while helping property owners find suitable renters.

Finally, the idea that a residential locator is not required to hold a real estate license contradicts the reality that operating as a locator typically does necessitate such a designation in most jurisdictions. Thus, it affirms that holding a real estate license is indeed essential for residential locators.