Final answer:
When the association of a salesperson and a sponsoring broker is terminated, the salesperson loses their affiliation with the broker and is no longer able to conduct business on their behalf. They may need to find a new sponsoring broker to continue working as a real estate agent.
Step-by-step explanation:
When the association of a salesperson and a sponsoring broker is terminated, it means that their working relationship has come to an end.
This can happen due to various reasons such as the salesperson quitting the job or the sponsoring broker deciding to terminate their agreement with the salesperson.
When this happens, the salesperson is no longer affiliated with the sponsoring broker and can no longer conduct business on their behalf. They lose access to the resources and support provided by the broker, including leads, marketing materials, and mentoring.
Typically, the salesperson may need to find a new sponsoring broker if they wish to continue working as a real estate agent. They will need to establish a new association agreement with a different broker and undergo any necessary training or licensing requirements.