Florida Broker Practice Exam

Who performs real estate services for compensation under the direction of a broker or an owner developer?

1. Broker Associate

2. Sales Associate

3. Owner Developer

4. Real Estate Manager

The correct answer is: Sales Associate

The role of a Sales Associate in real estate involves providing services on behalf of a broker or owner developer for compensation. Sales Associates operate under the supervision of a licensed broker and are responsible for tasks such as helping clients navigate the buying or selling process, conducting property showings, and advising on market conditions. This position is pivotal in the real estate transaction process, as Sales Associates are typically the first point of contact for potential buyers or sellers. They must adhere to the regulations and guidelines set forth by their supervising broker, ensuring compliance with state laws. Additionally, they are often involved in marketing properties, negotiating deals, and managing client relationships, all under the umbrella of the broker's business. Understanding the role of a Sales Associate is essential, as it reflects the typical structure of real estate transactions where licensed professionals provide services while operating within the guidelines established by their brokers.