From whom may an Illinois real estate licensee lawfully collect compensation?

An Illinois real estate licensee is authorized to collect compensation specifically from their sponsoring broker. This regulation is in place to ensure that all commission payments go through the brokerage, which acts as the primary entity responsible for handling transactions and compensating agents. The relationship between the licensee and the sponsoring broker is crucial, as it aligns with the organizational structure of real estate businesses in Illinois.

Options that suggest collecting compensation directly from buyers, sellers, or any other parties in the transaction directly bypass this essential role of the sponsoring broker. The law establishes that transactions must flow through the brokerage to maintain proper oversight and compliance with real estate regulations. Conversely, compensation from a licensed real estate broker alone does not fully capture the broader commission structure within the context of real estate operations governed under Illinois law. Thus, the correct choice highlights the specific legal framework regarding compensation for licensees operating under a broker in Illinois.