Massachusetts Real Estate Salesperson License Mostly Tested Questions and Correct Answers (100% Pass)
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Course
Massachusetts Real Estate
Institution
Massachusetts Real Estate
RE Salesperson License requirements?
18 years old, 40 hour class, pass the exam, must affiliate with a broker to
practice and may not accept direct client payments
Broker's License requirements?
3 years salesperson experience, 40 hour class, pass the exam, $5,000
bond and pay a fee.
What ...
✓ Anyone who does any of the following for a fee: Advertises, holds
herself out as engaged in the biz of selling, renting, leasing, negotiation,
exchanging, purchasing and dealing in RE or options for RE.
Where do licenses come from?
✓ State Legislature creates the laws about licenses. The Board of
Registration of RE & Salespersons deals with issuing licenses and rule
administration and enforcement. The Board is part of the Division of
Professional Licensure.
Why do we have licenses?
✓ To protect the public, for the public good. Much of the Government's
ability to regulate private transactions stems from Police Power which is
the right of the Gov to enact laws to protect the public.
Who makes up the Board of Registration of RE & Salespersons?
Master01 | November, 2024/2025 | Latest update
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