C-RETS Practice Questions - Certified Real Estate Team Specialist (NAR REBI) Exam

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Under most state real estate license laws, who is ultimately responsible for the actions of a real estate team operating within a brokerage?

The team leader personally The designated managing broker of the sponsoring brokerage The team's licensed transaction coordinator NAR through the local REALTOR association

Correct Answer:

The designated managing broker of the sponsoring brokerage

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