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Real estate glossaryGeorgia-specific rule

Broker

A Georgia broker is a person licensed at the broker level to perform brokerage activities and exercise the authority allowed to that license class.

Exam area: State Laws and Rules

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What does “broker” mean in real estate?

A Georgia broker is a person licensed at the broker level to perform brokerage activities and exercise the authority allowed to that license class. The person's exact role depends on whether the broker is independent, qualifying, or affiliated as an associate broker.

How is “broker” different from the closest wrong answer?

Broker is the license class. Qualifying broker and associate broker describe the broker's responsibility and affiliation within a particular firm.

What is the Georgia-specific rule?

Georgia law places supervision, trust-account, advertising, record, and firm-responsibility duties on the broker serving in the controlling role.

Worked exam example

Scenario

A broker owns a sole proprietorship, lists property, supervises affiliated salespersons, and is responsible for the brokerage's compliance systems.

What is the most common exam trap?

Trap correction

Identify both the license level and the firm role. The word broker alone does not answer who is the firm's qualifying broker.

Original exam check

Apply the definition

Sam holds an active Georgia broker license and joins Peach Realty, whose qualifying broker is Ana. Sam does not take over any responsibility for the firm. How is Sam best described at Peach Realty?

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Related terms to learn next

Associate broker

An associate broker is an individual who holds a Georgia broker license but works on behalf of another broker or licensed firm rather than serving as the qualifying broker responsible for that brokerage.

Qualifying broker

A qualifying broker is the broker designated to GREC as responsible for a licensed firm's brokerage activity, affiliated licensees, trust funds, records, advertising, and compliance with Georgia license law and Commission rules.

Sponsoring broker

A sponsoring broker is the Georgia broker with whom a salesperson or certain other licensee affiliates so the license can be active and the licensee can perform brokerage activity through that broker.

Firm license

A firm license is the Georgia license issued to a business entity conducting brokerage activity through a qualifying broker.

Recommended next complete lesson

Continue with State Laws and Rules complete lesson. It places this term inside the full rule, worked examples, exam traps, and mixed practice required for mastery.
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