New York License Law
Under New York law, which of the following activities requires a real estate broker's license rather than a salesperson's license?
AShowing a property to a prospective buyer on behalf of a licensed broker
BIndependently operating a real estate brokerage and hiring salespersons✓ Correct
CDrafting a purchase offer under the supervision of a broker
DHosting an open house on behalf of a broker
Explanation
Only a licensed broker may independently operate a real estate brokerage, enter into listing agreements in their own name, and supervise salespersons. A salesperson must always work under the supervision of a licensed broker and may not operate independently.
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