Final answer:
The experience requirement for a broker's or broker-salesperson license can be waived for individuals who have completed certain educational qualifications.
Step-by-step explanation:
The experience requirement for a broker's or broker-salesperson license can be waived for individuals who have completed certain educational qualifications. For example, in some states, individuals with a bachelor's degree in a related field may have the experience requirement waived. Additionally, some states may have specific education or training programs that, when completed, can waive the experience requirement.