A supervising broker has had his license revoked. what happens to the sales associates and broker associates who work within the brokerage under the direction of this broker?

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Business

Lincoln Schneider

20 March, 21:49

A supervising broker has had his license revoked. what happens to the sales associates and broker associates who work within the brokerage under the direction of this broker?

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Hope Krueger · Answer 1

The best answer for this question would be:

That the licenses revert to involuntary inactive status

Because brokers can work alone, and have the option of hiring agents to work for them. But since, a sales associate has achieved their rights have license as a broker, they have chosen to work under a broker company. The result of the confiscated license is that it would be temporarily inactive.