Under TREC Rule §535.2, when a broker delegates supervisory duties over sponsored sales agents to broker associates, what must the broker do?
Correct Answer
D) Establish written policies and procedures and ensure the designated broker associates understand their supervisory responsibilities
Under TREC Rule §535.2, a broker who delegates supervisory duties must establish written policies and procedures governing the supervision of sponsored agents and must ensure that designated broker associates understand and are capable of fulfilling those responsibilities. The designated broker retains ultimate supervisory responsibility.
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