Who is an associate broker?

An associate broker is defined as an individual who possesses a real estate license and engages in real estate transactions, typically working under the supervision of a managing broker. This individual often operates as an independent contractor, meaning they have the flexibility to manage their schedule and workload while also benefiting from the resources and support of their broker’s firm. This classification allows associate brokers to have a degree of autonomy in their real estate practices, making it a common career path for those who have gained experience and expertise in the field.

The other options do not fit the definition of an associate broker. A part-time employee of a real estate broker refers to someone who may not have the same level of independence or responsibility as an associate broker. A trainee awaiting broker licensure signifies someone who has not yet completed the necessary requirements to operate independently as a broker. An appraiser, while involved in real estate, is focused on property valuation and does not necessarily hold a broker's license or function within the same capacity as associate brokers.