Which of the following best describes the role of the designated broker?

The designated broker plays a crucial role in ensuring compliance and accountability within a real estate agency. This individual is responsible for overseeing the activities of all licensed agents operating under the agency's umbrella. This means that the designated broker must ensure that all transactions and practices adhere to state laws and regulations. By being held accountable for the actions of the agents, the designated broker helps maintain professional standards and fosters ethical conduct within the firm.

Additionally, the designated broker is typically the one who interacts with regulatory authorities on behalf of the agency and ensures that all agents are properly trained and informed about legal and policy updates. This oversight is critical for protecting both the clients and the agency, as it establishes a clear line of responsibility for the conduct of all real estate licensees in the office.