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carmela is a real estate licensee in illinois, and she has three other licensees working under her supervision. what type of license does carmela hold?

User Rish K
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Final answer:

Carmela likely holds a Managing Broker license, necessary for supervising other licensees and managing a real estate office in Illinois.

Step-by-step explanation:

Carmela, who is a real estate licensee in Illinois with three licensees working under her supervision, holds a Managing Broker license. This is required by the Illinois Department of Financial and Professional Regulation for individuals who manage a real estate office or supervise other licensees.

In Illinois, the Managing Broker license is a step above the standard broker license and allows the holder to not only engage in the sale and leasing of property but also to manage and supervise other brokers or licensees. This involves additional educational requirements and passing a managing broker examination. Carmela's ability to have other licensees working under her supervision is indicative of the responsibilities and qualifications of a Managing Broker, emphasizing skills in leadership, management, and a deep understanding of real estate laws and practice.

User Mahdi
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