Explain the difference between being licensed and being registered. Being licensed means finding a sponsoring broker; being registered means passing the state exam. Being licensed means passing the state licensure exam; being registered means registering your information with the DBPS and showing up as "active" on their website. Being licensed means completing your pre- licensing education; being registered means passing the state exam. Being licensed means passing the state exam and signing up with a broker; being registered means completing your post-licensing education

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explain the difference between being licensed
and being registered.
Being licensed means finding a sponsoring
broker; being registered means passing the
state exam.
Being licensed means passing the state
licensure exam; being registered means
registering your information with the DBPS and
showing up as "active" on their website.
Being licensed means completing your pre-
licensing education; being registered means
passing the state exam.
Being licensed means passing the state exam
and signing up with a broker; being registered
means completing your post-licensing education
Transcribed Image Text:Explain the difference between being licensed and being registered. Being licensed means finding a sponsoring broker; being registered means passing the state exam. Being licensed means passing the state licensure exam; being registered means registering your information with the DBPS and showing up as "active" on their website. Being licensed means completing your pre- licensing education; being registered means passing the state exam. Being licensed means passing the state exam and signing up with a broker; being registered means completing your post-licensing education
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