Jennifer holds a Wisconsin broker license and works as an affiliated licensee under the supervision of the managing broker at Premier Properties. She does not manage her own office or supervise other licensees. Which Wisconsin license category best describes Jennifer's role?
Correct Answer
B) Associate broker affiliated with a supervising broker
In Wisconsin, an individual who holds a broker-level license but chooses to affiliate with and work under another broker — rather than operating independently or managing an office — is classified as an associate broker. Jennifer holds a broker license but functions in an affiliated, supervised capacity, which is the defining characteristic of the associate broker role under Wisconsin Statutes Chapter 452.
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Related Topics & Key Terms
Key Terms:
Related Concepts
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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