What is a licensed broker working for another broker known as?

A licensed broker working for another broker is known as a broker associate. This term indicates that the individual holds a broker's license but has chosen to work under the supervision of another broker, rather than operating independently. Broker associates often collaborate with the employing broker to conduct transactions and engage with clients while benefiting from the resources and support provided by the brokerage.

In the context of real estate practice, the distinction between a broker and a broker associate is important. The broker associate has met the education and licensing requirements necessary to operate as a broker, yet they opt to affiliate with another broker's firm to enhance their business opportunities and grow their career in a team environment.

Other choices do not accurately describe the role of a broker working under another broker. For example, the term "managing broker" typically refers to a broker who oversees a real estate office or firm, making important decisions and managing operations rather than serving under someone else. The other terms, "brokering agent" and "real estate affiliate," are not commonly used to denote this particular role in real estate practice.