Introduction to the Real Estate Business
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6 Terms
associate licensee,sales associate,sales associate
A licensed real estate salesperson who is employed by or associated with the broker to perform brokerage activities on behalf of or for the broker.
broker
One who acts as an intermediary on behalf of others for a fee or commission.
fair housing act
The federal law that prohibits discrimination in housing based on race, color, religion, sex, disability, familial status, and national origin.
market
A place where goods can be bought and sold and a price established.
supply and demand
A place where goods can be bought and sold and a price established.
real estate licensee
In real estate practice, a person who has the skills and knowledge to be licensed as a real estate broker or salesperson.
Note 
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