Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

What is the term used for brokers who are sponsored by another broker?

1. Broker partners

2. Broker affiliates

3. Broker associates

4. Independent brokers

The correct answer is: Broker associates

The term used for brokers who are sponsored by another broker is "broker associates." This designation is important within the real estate industry, as it emphasizes the relationship and hierarchy between brokers and their sponsors. When a broker associates with another broker, they operate under the guidance and support of that broker, which often includes access to resources, training, and mentoring. This relationship allows the broker associate to practice real estate while leveraging the established broker's experience and reputation. In contrast, terms like "broker partners" or "independent brokers" imply a different level of autonomy and partnership that does not necessarily involve the sponsorship relationship inherent in being a broker associate. "Broker affiliates" is also not the appropriate term, as it often refers to associations that do not include the direct sponsorship aspect found in broker associate arrangements. Understanding these distinctions is crucial for navigating the real estate profession in Texas, where these titles and relationships are clearly defined by Texas Real Estate Commission regulations.