What are the two main categories of licensure in real estate?

In real estate, the two main categories of licensure are salesperson and broker. A salesperson is an individual who is licensed to assist clients in buying, selling, or renting properties under the supervision of a broker. They play a critical role by providing support in various aspects of real estate transactions, including marketing properties and conducting open houses.

On the other hand, a broker has advanced training and education beyond that of a salesperson, enabling them to operate independently. Brokers can oversee other salespersons and take on additional responsibilities, such as managing a brokerage firm. This distinction is particularly important as it defines the legal and professional boundaries within the real estate industry.

The other options do not accurately reflect the primary classifications of licensure. Manager and assistant roles may exist in a real estate context but do not constitute official categories of licensure. Similarly, while agents are commonly referred to in various contexts, this term is often used interchangeably with salesperson and does not represent a distinct category of licensure alongside brokers.