Final answer:
Once an applicant passes the real estate exam, they become eligible to apply for a license and start practicing as a licensed real estate agent or broker.
Step-by-step explanation:
Once an applicant passes the real estate exam, the following statements are true:
- The applicant is eligible to apply for a real estate license.
- The applicant can start practicing as a licensed real estate agent or broker.
- The applicant can earn commissions by helping clients buy, sell, or rent properties.