Iowa License Law
An Iowa associate broker differs from a salesperson in that the associate broker:
AEarns higher commissions
BHas met the additional education and experience requirements for a broker license but works under a supervising broker✓ Correct
CCan operate an independent brokerage immediately
DHas fewer duties to clients
Explanation
An Iowa associate broker holds a broker license (meeting higher education/experience requirements than a salesperson) but has chosen to work under a supervising broker rather than operating an independent brokerage. They have the broker-level education but not independent broker status.
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