Oregon Broker PSI Practice Exam

When can a principal broker hire part-time employees to show property?

1. When they are licensed

2. When supervised by a licensed broker

3. When they are paid hourly

4. Only during peak seasons

The correct answer is: When supervised by a licensed broker

The correct answer is that a principal broker can hire part-time employees to show property when supervised by a licensed broker. This requirement stems from the regulations in the real estate industry that ensure all activities involving the showing of properties are conducted under the supervision of a licensed individual. In Oregon, real estate activities, including showing properties, must be performed by those who are properly licensed to protect the interests of clients and uphold industry standards. This means that while part-time employees can assist in showing properties, they must do so under the guidance and oversight of a licensed broker who is responsible for their actions. The role of the supervising broker is critical, as it ensures compliance with legal and ethical standards in real estate transactions. Other options may seem plausible, but they do not satisfy the regulatory requirements. For example, simply being licensed is not enough if they are not under the direct supervision of a licensed broker. Being paid hourly or only working during peak seasons does not impact the legal necessity of having a licensed broker provide oversight. Thus, the key factor is the requirement for supervision by a licensed professional in the context of real estate activities.