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Practice Of Real EstateLicense_lawEASY

John has completed his broker education requirements and passed the broker exam. However, he prefers to work under the supervision of an established broker rather than start his own firm. Which license category should John apply for?

Correct Answer

B) Broker associate

Correct: B - Broker associate. A broker associate license is for individuals who have met broker qualifications but choose to work under another broker's supervision rather than operate their own brokerage. Why not A: This option is incorrect because "Sales associate" does not match the rule tested by the question. The correct answer is "Broker associate". A broker associate license is for individuals who have met broker qualifications but choose to work under another broker's supervision rather than operate their own brokerage. Why not C: This option is incorrect because "Broker" does not match the rule tested by the question. The correct answer is "Broker associate". A broker associate license is for individuals who have met broker qualifications but choose to work under another broker's supervision rather than operate their own brokerage. Why not D: This option is incorrect because "Inactive broker" does not match the rule tested by the question. The correct answer is "Broker associate". A broker associate license is for individuals who have met broker qualifications but choose to work under another broker's supervision rather than operate their own brokerage.

Answer Options
A
Sales associate
B
Broker associate
C
Broker
D
Inactive broker

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Related Topics & Key Terms

Key Terms:

broker_associatelicense_choicesupervision

Related Concepts

Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.

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