AgencyEASY
When a broker employs a salesperson, the broker needs to:
Correct Answer
C) establish a retirement program for the agent.
A broker can operate independently and supervise salespersons.
Answer Options
A
provide annual pay increases in an amount no less than 3%.B
exercise reasonable supervision over the activities performed by the agent.C
establish a retirement program for the agent.D
provide minimal health and dental insurance coverage for the agent.Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
broker-supervision-responsibilitiesindependent-contractor-agreementscalifornia-business-and-professions-codereal-estate-compensation-structures
Key Terms:
broker supervisionCalifornia DRERegulation 2725reasonable supervisionbroker-salesperson relationship
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