When opening a branch, who must manage it?

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Multiple Choice

When opening a branch, who must manage it?

Explanation:
When a branch office opens, the person in charge of running it must have a real estate broker license. In Michigan, that supervisory role cannot be filled by a salesperson or by unlicensed staff. An associate broker is licensed to supervise and manage licensees under the broker’s overall supervision, ensuring compliance with regulations, proper recordkeeping, and accountability. Because of that, a branch should be managed by an associate broker (who can oversee the branch under the supervising broker).

When a branch office opens, the person in charge of running it must have a real estate broker license. In Michigan, that supervisory role cannot be filled by a salesperson or by unlicensed staff. An associate broker is licensed to supervise and manage licensees under the broker’s overall supervision, ensuring compliance with regulations, proper recordkeeping, and accountability. Because of that, a branch should be managed by an associate broker (who can oversee the branch under the supervising broker).

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