Iowa Real Estate Practice Exam

When a salesperson completes their licensing requirements, who sends the license?

1. The salesperson themselves

2. The Iowa Real Estate Commission

3. The salesperson's employing broker

4. The local real estate board

The correct answer is: The salesperson's employing broker

The correct answer is that the salesperson's employing broker sends the license. Upon completing the licensing requirements, which include passing the necessary examinations and fulfilling any educational prerequisites, the salesperson is required to work under the supervision of an employing broker. It is the responsibility of the employing broker to apply for and receive the salesperson's license on their behalf. This means that while the salesperson has completed their individual requirements for licensure, the final step of obtaining the actual license involves their broker, who is typically responsible for maintaining compliance with state regulations and overseeing the activities of their salespeople. This process underscores the importance of the broker's role in the licensed real estate industry in Iowa. The involvement of the brokerage ensures that the salesperson is adequately supported and guided within the professional framework, aligning with the state's regulatory structure. This relationship also helps ensure that all transactions and activities conducted by the salesperson are in accordance with state laws and ethical standards.