Final answer:
A locally-owned brokerage affiliated with a national franchiser is a franchise.
Step-by-step explanation:
A locally-owned brokerage affiliated with a national franchiser for the purpose of enhanced image and resources is called a franchise.
A franchise is a business model in which an individual (franchisee) purchases the rights to operate a business based on an established model and brand created by another company (franchisor). The franchisor provides support, training, and supply chain assistance to the franchisee in exchange for franchise fees and royalties.