Oregon Broker PSI Practice Exam

What documentation is necessary for a broker to show they are authorized to supervise another broker?

1. A written license from the state

2. A written agency authorization document

3. A recommendation from a previous employer

4. A continuing education certificate

The correct answer is: A written agency authorization document

To demonstrate authorization to supervise another broker, a written agency authorization document is essential. This document serves as formal proof that a broker has been given the authority by a principal real estate company or designated managing broker to oversee the activities of another broker. It clarifies the supervisory relationship and outlines the responsibilities and powers associated with that position of authority. The other options do not fulfill the requirements for demonstrating such supervisory authority. A written license from the state indicates that the broker is licensed to operate but does not specify supervisory rights. A recommendation from a previous employer may offer insight into a broker's qualifications or experience but lacks the formal authority needed for supervision. Lastly, a continuing education certificate reflects ongoing professional development but does not provide evidence of a broker's supervisory authority over another. Thus, the written agency authorization document is the key piece of documentation required in this case.