Oregon Broker PSI Practice Exam

Which action can a real estate broker associated as a principal broker take without supervision?

1. Manage a team of agents

2. Rent or lease their own real estate

3. Conduct training for new brokers

4. Handle investor relations

The correct answer is: Rent or lease their own real estate

The correct answer focuses on the nature of a principal broker's responsibilities and the level of autonomy they have in their role. A real estate broker who is designated as a principal broker is granted the authority to manage their own real estate transactions without the need for supervision from a higher authority. This independence comes as a part of their licensing designation, which allows them to engage in renting or leasing their own properties as they see fit. In contrast, managing a team of agents typically involves oversight and coordination with the broker’s managing principal, thus may not fall under activities performed entirely without supervision. Conducting training for new brokers, while possibly an internal function, often requires oversight to ensure compliance with real estate regulations and standards. Handling investor relations may also involve complexities that require a collaborative approach with other team members or brokers, highlighting the need for guidance in these interactions. The principal broker's ability to manage their own rental or leasing activities showcases their independence and understanding of real estate dynamics, which is a fundamental aspect of their training and licensure.