What distinguishes an associate broker?

An associate broker is typically defined as a licensee who has completed additional training and education beyond that of a standard real estate agent and has passed the broker's exam. This distinction allows the individual to perform many of the functions of a broker while still working under the supervision of a principal broker.

While the other responses may touch on aspects of the real estate profession, they do not accurately capture the essence of what defines an associate broker. Being associated with a broker does highlight a key aspect of the relationship but does not specify the qualifications involved. Ownership of a firm or being the principal broker refers to different roles within a brokerage that do not apply to associate brokers specifically. An associate broker may have the ability to open their own firm in the future or obtain a principal broker designation, but their current classification is directly tied to their passing of the broker's exam and the associated qualifications.