PSI Oklahoma Real Estate Practice Test

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Prepare for the PSI Oklahoma Real Estate Test. Use flashcards and multiple choice questions, each question with hints and explanations. Get ready for your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

To whom are salespersons primarily responsible?

The clients they represent
The real estate board
The Broker that holds their license
The state real estate commission

The correct answer is: The Broker that holds their license

Salespersons are primarily responsible to the broker that holds their license. This relationship is foundational in the real estate industry, where salespeople operate under the supervision and direction of a licensed broker. The broker provides support, resources, and guidance to salespersons, ensuring that they adhere to the necessary legal and ethical standards. While salespersons do owe duties to their clients, their ultimate accountability lies with the broker, who is responsible for overseeing all transactions and maintaining compliance with state laws and regulations. The broker is also the entity that manages the salespersons’ activities and conducts the overall business operations, which emphasizes the significance of this relationship. The other options, such as being responsible to the real estate board or the state real estate commission, are more about regulatory compliance rather than direct accountability. The relationship with the broker sets the framework for conduct and performance in the real estate practice.