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Colorado Real Estate Volume 1: Unit 2: Types of Licenses & License Rules Exam Questions and Answers
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There are 3 levels of licensing in CO. What are the 3 levels? - ANSWER-in order from lowest to highest level 1. Associate broker 2. Independent broker 3. Employing broker Employ*ing* Broker - ANSWER-Hires/supervises an associate broker *otherwise known as brokers* What is required of you to become an employing broker? - ANSWER-1. must have license for at least 2 years 2. attend more schooling Independent Broker - ANSWER-- Has 2 or more years of active experience - works ALONE - they CANNOT hire/supervise any other broker T/F: You must attend more schooling to achieve independent broker status. - ANSWER-F
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State of Colorado Sales License Exam Bundle Questions With Answers Verified By Experts
