New Hampshire Real Estate Salesperson Exam — All Questions
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Real estate salespersons in New Hampshire are licensed and regulated under RSA 331-A by:
- a.The New Hampshire Association of Realtors
- b.The New Hampshire Real Estate Commission✓
- c.The New Hampshire Secretary of State
- d.The county registry of deeds
The New Hampshire Real Estate Commission administers RSA 331-A, licensing brokers and salespersons and disciplining violations. A trade association is a private membership organization and does not license practitioners.
Under New Hampshire license law, a real estate salesperson must:
- a.Practice independently once licensed
- b.Hold a broker license to list property
- c.Be associated with and supervised by a licensed broker✓
- d.Register directly with the town where they work
A New Hampshire salesperson holds an entry-level license and must be associated with and supervised by a licensed broker. The salesperson may not operate independently; the broker is responsible for supervising the salesperson's activities and the office's trust accounts.
A New Hampshire salesperson may lawfully accept a commission for brokerage services from:
- a.The broker with whom the salesperson is associated✓
- b.The buyer directly at closing
- c.The seller directly upon listing
- d.Any cooperating broker in the transaction
A New Hampshire salesperson may accept compensation for brokerage services only from the associated broker, not directly from a buyer, seller, or another broker. The broker is responsible for supervision and for paying affiliated salespersons.