What can a broker request concerning multiple licenses?

A broker can request additional licenses in two or more capacities, allowing them to engage in multiple areas of real estate practice. This flexibility is beneficial for brokers who may want to diversify their offerings or provide specialized services in different sectors, such as residential and commercial real estate.

Acquiring multiple licenses in various capacities enables a broker to expand their business opportunities and tap into various markets simultaneously. This can enhance their professional capabilities and allow for a more comprehensive service offering to their clients.

The other choices do not align with the capabilities afforded to brokers. For example, a single license for all associates does not exist in practice; each associate must hold their own individual license. Additionally, renewals of existing licenses typically come with conditions such as continuing education requirements. Lastly, licenses for part-time associates are not specifically a separate category and are governed under the same licensing rules as full-time associates.