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What is the difference in educational requirements between a principal broker and an associate broker

(a) Associate broker needs only three years of experience, principal broker needs 120 hours of education.
(b) Associate broker needs 90 hours, principal broker needs 130 hours.
(c) Associate broker needs 120 hours, principal broker needs 30 additional hours.
(d) No difference.

1 Answer

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Final answer:

Both associate brokers and principal brokers require education in real estate, with principal brokers typically needing more advanced education due to their responsibilities in managing a brokerage. The exact educational requirements can vary, so it's important to consult the local real estate commission for particular details.

Step-by-step explanation:

The educational requirements for an associate broker and a principal broker can vary depending on the state or region. Generally, both roles require a foundation of real estate education and experience. However, a principal broker is usually required to have more advanced education and experience since they are responsible for overseeing associate brokers and ensuring the brokerage complies with real estate laws and regulations.

Typically, the principal broker must complete additional educational hours beyond the associate broker's requirements. These additional hours focus on brokerage management and real estate law, among other topics. The exact number of hours and the experience can vary, so it's essential to check with the local real estate commission or regulatory body for specific requirements.

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