What is NOT a responsibility of a Real Estate Salesperson?

The correct answer is that managing their own brokerage is not a responsibility of a real estate salesperson. A real estate salesperson typically works under the supervision of a licensed broker and is responsible for tasks such as negotiating deals, listing properties for sale, and leasing real estate.

Salespersons do not have the authority to operate their own brokerage unless they have obtained a broker’s license. A broker is someone who has completed additional education and training and has met the requirements set by the state to run a real estate office independently. Therefore, while salespersons can perform many essential functions in the real estate transaction process, managing a brokerage is outside of their scope of authority and responsibility.