West Virginia Real Estate Salesperson Exam — All Questions
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Real estate salespersons in West Virginia are licensed and regulated by:
- a.The West Virginia Association of Realtors
- b.The West Virginia Real Estate Commission✓
- c.The West Virginia Secretary of State
- d.The county clerk
The West Virginia Real Estate Commission licenses and disciplines brokers and salespersons under W. Va. Code Chapter 30, Article 40. A trade association is a private membership group and does not issue licenses.
In West Virginia, a licensed salesperson may conduct real estate brokerage:
- a.Independently after the license issues
- b.For any broker willing to share a commission
- c.Only under the supervision of a licensed broker✓
- d.Only after also obtaining a broker license
A West Virginia salesperson may act only under the supervision of a licensed broker and may not operate independently. The supervising broker is responsible for the salesperson's real estate conduct and for the brokerage's trust accounts and records.
A West Virginia salesperson may lawfully be paid a commission by:
- a.The broker who supervises the salesperson✓
- b.The buyer directly at closing
- c.The seller directly upon listing
- d.Any cooperating broker in the deal
A West Virginia salesperson is compensated only through the supervising broker, not directly by a buyer, seller, or another broker. The supervising broker oversees the salesperson and is accountable for handling client funds.