What is a relationship that associated licensees usually have with their supervising brokers?

The relationship that associated licensees typically have with their supervising brokers is best described as a general agency. In real estate, general agency establishes a broader authority for an agent to act on behalf of their broker, allowing them to carry out various activities under the broker's license. This includes representing clients, managing transactions, and negotiating deals, all while adhering to the broker's guidelines and policies.

General agency indicates that the associated licensee has ongoing responsibilities and duties that extend beyond a singular task or transaction, which aligns with the everyday operations in real estate brokerage. The supervising broker provides oversight, and the associated licensee acts within the scope of that authority, offering essential support to the brokerage.

Other types of agency relationships, such as universal agency or special agency, do not accurately fit this context. Universal agency allows one person to act on behalf of another in almost all matters, while special agency is limited to a specific act or transaction. Limited agency often refers to situations where the agent serves in a dual capacity, representing both the buyer and the seller, which is more specific compared to the broader responsibilities inherent in a general agency. Thus, general agency is the most suitable term to describe the typical relationship between associated licensees and their supervising brokers.