What can happen to salespersons when Broker Brown has his license revoked?

Prepare for the AREC Arkansas Broker Exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for success!

When Broker Brown's license is revoked, salespersons associated with him may find themselves in a position where they need to consider their affiliation with the brokerage. Under Arkansas real estate regulations, salespersons do not automatically lose their individual licenses upon their broker's license revocation. Instead, they must seek a new broker to continue their practice.

The correct answer indicates that salespersons may, under certain conditions, transfer to another broker. This transfer is a necessary step since they cannot operate independently or under a broker whose license is no longer valid. The process typically involves notifying the Arkansas Real Estate Commission (AREC) and fulfilling any requirements for the transfer, such as obtaining a new brokerage agreement.

Continuing to sell real estate until their current licenses expire is not possible since they are not permitted to work without a supervising broker. Moreover, the idea of automatically becoming licensed with a broker of their choice does not apply; salespersons must formally establish a new brokerage relationship. Finally, taking over operations of the brokerage without AREC's approval would violate the regulations governing real estate practices and is not feasible. Thus, transferring to another broker is the appropriate course of action for salespersons in this scenario.

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