Final answer:
Whether a broker must appoint associate licensees in an intermediary brokerage depends on state regulations. Some regions may require it with written consent, while others may prohibit dual agency entirely. Brokers should be familiar with their specific state's laws on the matter.
Step-by-step explanation:
In the context of real estate transactions, the statement that a broker must appoint associate licensees to represent the seller and buyer in an intermediary brokerage can be true or false depending on the state's regulations. Generally, in an intermediary brokerage relationship, also known as dual agency, a broker represents both the buyer and the seller in the same transaction. However, the specific rules regarding the appointment of associate licensees to each party can vary. Some states require written consent for dual agency and may have specific provisions on how it should be conducted, including the use of associate licensees. Others might forbid this practice altogether. It's crucial for brokers to be aware of and comply with their state's real estate regulations concerning intermediary brokerage.