Which license must a designated broker hold to be eligible?

The managing broker license is a specific designation that allows an individual to oversee real estate transactions and supervise other real estate agents and brokers. This license typically encompasses more responsibilities, including compliance with legal standards, ensuring proper conduct of agents, and managing a brokerage's operations. This role is crucial because it ensures that the designated broker can effectively guide and manage the activities within the brokerage, maintaining proper standards and practices in accordance with regulations.

In contrast, a broker license allows individuals to operate as independent brokers but may not have the supervisory and managerial authority required in certain brokerage environments. A salesperson license is geared towards individuals working under a broker, focusing on transactional activities without the managerial responsibilities. Finally, a real estate agent certification often pertains to basic training and knowledge but does not fulfill the requirements to oversee and manage a brokerage as a designated broker would need to. Each of these alternatives lacks the comprehensive authority and responsibility that comes with a managing broker license, making it the correct choice for eligibility as a designated broker.