Oregon Broker PSI Practice Exam

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Study for the Oregon Broker PSI Exam. Quiz with flashcards and multiple choice questions with hints and explanations. Prepare for your exam efficiently!

Practice this question and more.

What must occur before a principal broker can authorize a broker to supervise?

Both parties must sign a mutual agreement
Written authorization must be received by the agency
An oral agreement is sufficient
A training session must be completed

The correct answer is: Written authorization must be received by the agency

Before a principal broker can authorize a broker to supervise, written authorization must be received by the agency. This is essential as it provides a formal record of the supervisory designation and ensures that all parties are aware of their duties and responsibilities within the agency. Having this written documentation is crucial for maintaining compliance with regulatory requirements and protecting the interests of both the agency and its clients. While other options may suggest different forms of agreement or requirements, they do not meet the necessary legal and procedural standards established for supervisory roles within a brokerage. The necessity for written authorization ensures clarity and accountability, which are vital in maintaining professional standards in the real estate industry.