Final answer:
A salesperson managing properties owned by another person is typically supervised by a real estate broker or agent. The Securities and Exchange Commission (SEC) regulates the sale of securities and people involved in selling them, but this is not directly relevant to property management.
Step-by-step explanation:
In the context of managing properties owned by another person, a salesperson is typically supervised by a real estate broker or agent. The broker or agent is responsible for overseeing the activities of the salesperson, ensuring they comply with relevant laws and regulations, and providing guidance and support.
It's important to note that the specific supervisory relationship may vary depending on the organization and the agreements in place between the property owner, broker, and salesperson.
For example, in the United States, the Securities and Exchange Commission (SEC) regulates and supervises the sale of securities and the brokers, dealers, and bankers who sell them. However, this is not directly relevant to the supervision of salespeople managing properties owned by another person.