What type of license must a broker obtain if they employ salespersons?

Prepare for the Massachusetts Real Estate Salesperson licensing exam. Utilize a variety of study modes, including flashcards and multiple-choice questions with comprehensive explanations. Achieve exam success!

In Massachusetts, a broker must obtain a real estate broker's license to operate and employ salespersons. This license enables the broker to conduct real estate transactions and manage the work of the salespersons they hire. The requirement stems from the state’s regulatory framework, which mandates that any individual or entity engaging in the real estate business must be properly licensed to ensure professionalism and compliance with state laws.

The concept of an agency license is not applicable in this context, as there is no distinct category of agency license required for brokers. Instead, the focus is on the broker’s real estate license, which encompasses the authority to represent clients, manage transactions, and employ salespersons.

Understanding the role and requirements for a broker's license is critical for anyone looking to work within the Massachusetts real estate market, as it establishes the legal foundation for their business operations and the employment of real estate professionals.

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