Final answer:
The three professional categories permitted under REBBA are registered real estate broker, registered real estate salesperson, and brokerage.
Step-by-step explanation:
REBBA, which stands for the Real Estate and Business Brokers Act, permits three professional categories:
- Registered Real Estate Broker: A registered real estate broker is an individual who has completed the necessary education, training, and licensing requirements to be able to represent clients in real estate transactions.
- Registered Real Estate Salesperson: A registered real estate salesperson is an individual who works under the supervision of a registered real estate broker and is also licensed to engage in real estate transactions.
- Brokerage: A brokerage is a company or agency that employs registered real estate brokers and salespeople, and provides services related to real estate transactions.