Final answer:
The salesperson should turn over the earnest money to the broker holding their salesperson's license after they receive it from the buyer. It is important to promptly deliver the earnest money to the broker.
Step-by-step explanation:
The salesperson should turn over the earnest money to the broker holding their salesperson's license after they receive it from the buyer. Earnest money is a deposit made by the buyer to show their intention to purchase the property and it is typically held in an escrow account by the broker.
Once the buyer provides the earnest money to the salesperson, it is the salesperson's responsibility to promptly deliver it to the broker. This should be done in a timely manner to ensure the funds are securely held and accounted for throughout the transaction process.