What defines an associate broker?

An associate broker is defined as a broker who works under another broker. This means that while the associate broker has completed the necessary education and licensing requirements to operate as a broker, they choose to work within the framework of another broker's company. This arrangement allows associate brokers to leverage the support and resources of the primary brokerage while still holding a broker's license.

Being an associate broker typically involves having more advanced knowledge and experience than a standard salesperson. Associate brokers can take on additional responsibility and may handle more complex transactions. They often provide mentorship to salespersons and help manage various aspects of the brokerage's operations. The distinction of working under another broker highlights the collaborative nature of some broker relationships within the real estate industry.