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

What title is given to a person who provides real estate services in exchange for a commission?

1. Licensed Real Estate Agent

2. Licensed Real Estate Broker

3. Real Estate Salesperson

4. Real Estate Associate

The correct answer is: Licensed Real Estate Broker

The title typically given to a person who provides real estate services in exchange for a commission is that of a Licensed Real Estate Agent. This designation encompasses various roles involved in real estate transactions, including representation of buyers and sellers, negotiation of contracts, and guiding clients through the buying or selling process. While a Licensed Real Estate Broker holds a higher-level position and may supervise agents, the general term for someone engaged in providing these services on a commission basis is indeed a Licensed Real Estate Agent. A Real Estate Salesperson often works under the auspices of a broker or agent, thus making them also part of the commission dynamic, but the term "Salesperson" is typically used more generically and does not convey the same level of independence and authority as "Agent." Real Estate Associate is another term that can refer to similar roles but does not function as a formal designation within the real estate licensing framework. The distinction emphasizes the nuanced roles within the real estate industry, which aim to clarify the level of service and responsibility attached to each title.