Wisconsin License Law
A Wisconsin real estate salesperson who accepts compensation directly from a buyer instead of through the broker is:
APermitted if the buyer agrees in writing
BViolating Wisconsin license law — all compensation must flow through the broker✓ Correct
CAcceptable for buyer agency agreements only
DPermitted if the amount is under $1,000
Explanation
Under Wisconsin law, all compensation to a salesperson must be paid through the employing broker; salespersons may not receive compensation directly from consumers.
Related Wisconsin Wisconsin License Law Questions
- Under Wis. Stat. Chapter 452, which of the following activities requires a Wisconsin real estate license?
- Which state agency regulates real estate licenses in Wisconsin?
- A Wisconsin licensee who receives an earnest money check must deposit it into the broker's trust account within:
- A Wisconsin licensee who wants to engage in property management must ensure that:
- Wisconsin's 'REEB' (Real Estate Examining Board) has the authority to:
- Wisconsin real estate licenses are renewed every:
- Wisconsin's Real Estate Examining Board (REEB) meets regularly to:
- A Wisconsin licensee who wants to advertise their personal production statistics must ensure the statistics are:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →