What is the term for the license that allows a real estate salesperson to operate under a broker?

The license that allows a real estate salesperson to operate under a broker is known as a Salesperson License. This type of license specifically authorizes individuals to engage in real estate transactions while being associated with a licensed broker. The salesperson works under the supervision and guidance of the broker, who holds the primary responsibility for the actions of the salesperson in relation to real estate activities.

In the context of real estate practice, it is essential for salespersons to possess this license to legally assist clients in buying, selling, leasing, or managing properties. This means that without a valid Salesperson License, individuals cannot legally perform real estate duties, and they must rely on the broker's established professional network and resources to serve clients effectively.

The other options represent different roles or types of licenses that do not directly authorize an individual to operate independently in the real estate industry like the Salesperson License does.