BREA Broker Exam Practice Questions - Bahamas Real Estate Broker Licensing Examination (BREA) Exam

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A salesman who has held a salesman's licence wishes to upgrade to a broker's licence. What is the principal distinction in scope between a broker and a salesman under the Act?

A broker may operate an independent real estate business and supervise salesmen, whereas a salesman must work under a licensed broker A broker may only conduct rentals while a salesman may conduct sales A broker is exempt from the Code of Ethics while a salesman is bound by it A broker need not be a member of BREA while a salesman must be

Correct Answer:

A broker may operate an independent real estate business and supervise salesmen, whereas a salesman must work under a licensed broker

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