A new license applicant must be under the supervision of which type of broker?

A new license applicant must be under the supervision of a principal or supervising broker to ensure they receive proper guidance and oversight as they begin their career in real estate. This requirement is crucial for protecting the interests of clients and ensuring compliance with real estate laws and regulations.

The principal or supervising broker holds a higher level of licensure and has the experience necessary to mentor new agents. They are responsible for the actions of the agents they supervise, which includes overseeing transactions, providing training, and ensuring adherence to ethical standards and legal obligations. This structure not only aids the new licensee in making informed decisions and developing their skills, but it also safeguards both the agent and clients involved in real estate transactions.

Other types of brokers mentioned, such as affiliate, concurrent, and designated brokers, do not fulfill the primary role necessary for the initial guidance and support that new agents require in the early stages of their careers. An affiliate broker typically works under the supervision of a principal broker but does not have the authority or responsibilities of a supervising broker themselves. Thus, they cannot provide the comprehensive guidance that a principal or supervising broker offers.