Tennessee Realtor State Practice Exam

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Which Tennessee real estate license requires that applicants have real estate experience?

Broker
Salesperson
Appraiser
Partner

The correct answer is: Broker

The broker license in Tennessee is designed for individuals who have a deeper understanding of the real estate industry and its complexities, which is why it requires applicants to have real estate experience. Specifically, candidates must hold a salesperson license for at least three years and complete a specific number of additional education hours focused on advanced real estate topics. This experience is crucial as brokers are expected to manage transactions, oversee other agents, and run real estate offices. Other categories, such as salesperson, do not necessitate prior experience in real estate to obtain the license, while appraisers and partners are subject to different licensing requirements that do not revolve around the same structured progression of experience as that of a broker. Therefore, the emphasis on real estate experience is what makes the broker license distinct in the licensing process in Tennessee.