Which of the following tasks can unlicensed assistants NOT perform?

Unlicensed assistants play a valuable role in supporting real estate professionals, but they must adhere to specific legal limitations regarding what tasks they are allowed to perform. Making referrals for a fee is one of the key tasks that must be carried out by a licensed individual. This restriction is in place to ensure that only licensed professionals are providing recommendations or leads for real estate transactions in exchange for financial compensation. This requirement helps maintain a high standard of professionalism and safeguards the interests of clients.

The other tasks mentioned, such as forwarding phone calls, placing signs, and coordinating appointments, do not involve making decisions or providing counsel that requires a license. These actions are more administrative and can be performed by unlicensed personnel without crossing legal boundaries. Therefore, making referrals for a fee stands out as a task that unlicensed assistants cannot undertake, as it directly relates to the professional services provided in the real estate sector that necessitate a license.