Final answer:
Yes, a principal broker can maintain more than one office location, which offers convenience and the opportunity for business expansion.
Step-by-step explanation:
Yes, a principal broker can maintain more than one office location. In the real estate industry, a principal broker is responsible for overseeing the operations of a real estate brokerage. They can establish multiple office locations to reach a wider market and serve clients in different areas.
Having multiple office locations can provide convenience to both agents and clients, as it allows for easier access to the brokerage's services. It also enables the principal broker to expand their business and increase their market share.
For example, a principal broker might have one office location in a downtown area to serve urban clients, and another office in the suburbs to cater to clients in that area.