Associate Licensee

Associate Licensee Definition

An associate licensee is a real estate licensed salesperson or broker who works under and is subject to the supervision of another primary or qualifying broker and operates in the capacity as a salesperson.

Explanation

Associate real estate licensees must affiliate with a licensed real estate brokerage company in order to conduct business and operate in the capacity as a salesperson.

Each brokerage company also must have a qualifying broker or primary broker who supervises and is ultimately responsible for all of the salespeople and brokers “associated” with the brokerage.

 

Greg Kurzner headshotGreg Kurzner

REAL ESTATE INVESTMENT SPECIALIST

Expert contributor at RealEstateWords.com

 

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