Agent-Broker Relationship | Real Estate Exam Prep Videos

In this real estate exam prep video we discuss the Agent-Broker Relationship – not only how it’s structured but the things you need to know for your real estate exam. Key real estate terms discussed are:

(1) General Agency – An agency relationship whereby the agent is authorized to act on behalf of the client or principal
(2) Independent Contractor – An individual that’s employed by a Broker and paid based on the agent production. No salary or other benefits are paid by the emplying broker.
(3) Designated Broker –

Best of luck with your studies…

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New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.

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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
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(402) 660-0395

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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

Cheers,
Paul Vojchehoske