Final answer:
Being sponsored by a real estate broker means receiving financial support and guidance from a licensed broker while working in the real estate industry.
Step-by-step explanation:
To be sponsored by a real estate broker means that an individual or business is financially supported or endorsed by a licensed real estate broker. This sponsorship typically occurs when someone is pursuing a career in real estate and needs to work under the supervision and support of a licensed broker. The broker provides guidance, resources, and may take a percentage of the sponsored individual's earnings. For example, a real estate agent may be sponsored by a broker who provides training, access to listings, and helps ensure compliance with real estate laws and regulations.