The real estate industry applies, broker of the following labels to individuals that have obtained qualifications beyond the basic level of licensure and, therefore, can operate their own agency and employ salespersons. The correct option is B.
<h3>What is the relationship between a sponsoring broker and a salesperson?</h3>
When a salesperson completes a transaction, any commissions or fees are paid to the broker, who then pays the salesperson. Typically, a salesperson and their sponsoring broker will agree on a percentage of the commission.
A real estate broker performs the same functions as an agent, but is allowed to work independently and may hire agents. Brokers are paid on commission, but they also receive a portion of the commissions earned by the agents who work for them.
Thus, the ideal selection is option B.
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