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?

Question

Lea Thornton

Business

23 May, 03:53

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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Annie Powers · 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.