That is what makes for a VIP: Ridicule and a realtor's legal opinion.
In our state, the would be practicing law w/o a license, grounds for discipline and/or revocation.
Try this scenario : unit is for rent or sale. Rental agent doesn't have a real estate license, only rents property. Realtor, preferably one with social skills and the ability to communicate clearly, is working on a purchase. Offer falls thru (financing, can't agree on $$, whatever). Buyer (now "Tenant-to-Be") goes back to rental agent and signs a lease.