Delaware License Law
What is the primary difference between a 'real estate broker' and a 'real estate salesperson' under Delaware law?
ABrokers can only handle commercial transactions; salespersons handle residential
BA broker is independently licensed and can operate their own brokerage; a salesperson must work under the supervision of a licensed broker and cannot practice independently✓ Correct
CBrokers charge higher commissions than salespersons
DA salesperson can handle all the same transactions as a broker without supervision
Explanation
The key difference: a Delaware broker holds an independent license and can operate their own brokerage, hire and supervise salespersons, and hold client funds. A salesperson is licensed but must work under the supervision of an employing broker — they cannot operate independently or hold client funds outside their broker's escrow.
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