Who is an individual that performs real estate activities under the supervision of a broker?

Prepare for the Michigan PL Test with our comprehensive quizzes. Utilize flashcards and multiple-choice questions enriched with hints and explanations. Excel in your exam effortlessly!

The correct response is the salesperson. In the context of real estate, a salesperson is an individual who is licensed to perform various real estate activities, such as showing properties, negotiating sales, and conducting transactions, but must do so under the supervision of a licensed broker. This relationship is crucial because it ensures that salespersons operate within the regulatory framework established to protect consumers and maintain ethical standards in the industry.

A real estate salesperson typically completes required education and passes exams before obtaining their license, and their work activities are guided and supported by their broker, who oversees their actions. This structure not only provides the salesperson with mentorship and additional expertise but also holds them accountable within the brokerage.

The other options, while related to the real estate profession, do not fit the definition of someone who operates under a broker's supervision in the same manner as a salesperson does. Realtors are often licensed agents who may also be salespersons but emphasize their membership in the National Association of Realtors and adherence to its code of ethics. Appraisers evaluate property value and work independently; they do not perform real estate transactions. Property managers oversee rental properties and may not necessarily be tied to a broker, particularly in their daily operational roles.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy