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All right, so in todays video, were gonna discuss the salesperson or the agent-broker relationship. And it is an important concept that you have to realize or know because its gonna help you be better prepared for your real estate licensing exam. So were gonna talk about not only the relationship but also the structure of a company and the difference between an employee and an independent contractor, which 99% of all real estate professionals are. All right, so the first thing I wanna talk about is kinda outlying or give you to 50,000-foot view of what a company looks like. So it all starts what we call the designated broker. The designated broker. Now, the designated broker is the one person in a real estate company thats in charge. They have a brokers license, they typically have a trust account, because thats gonna be mandated by the state real estate commission. Now, this designated broker, this one person, can be one-person shop, so this could just be their own real estate