Which type of broker can register and operate as a real estate broker?

The ability to register and operate as a real estate broker is specifically reserved for individuals who hold a current active and valid broker license. This requirement ensures that brokers have the necessary knowledge, skills, and legal standing to engage in activities that involve managing real estate transactions and overseeing licensed agents.

Having a broker's license typically involves meeting certain educational prerequisites, passing a more comprehensive examination than that required for a real estate agent, and usually having a minimum amount of experience in the field. This regulatory framework is designed to protect consumers and maintain professional standards within the real estate industry.

In contrast, those with only a high school diploma or a basic real estate agent’s license do not possess the necessary qualifications to operate as a broker. Similarly, a real estate agent with a referral license is limited in their capacity and does not meet the full criteria required for a broker's operations. Thus, the correct distinction is that only a current active and valid broker license holder is authorized to register and operate as a real estate broker.