Which of the following is part of a responsible broker's duties regarding supervisory responsibilities?

The selection of supervising the activities of teams within the brokerage embodies a key duty of a responsible broker. A broker must ensure that all agents operate in compliance with legal standards, ethical guidelines, and company policies. This supervisory role involves monitoring the performance of agents, providing guidance, and facilitating ongoing training to enhance the skills of the team members.

By supervising teams, a broker directly influences the effectiveness and reputation of the brokerage, ultimately impacting client relations and the success of the agency. Effective supervision helps to ensure that all transactions are conducted properly and that agents are adhering to established practices, which is vital in maintaining a compliant and efficient operation.

In contrast, while ensuring agents maintain their licenses is important for compliance, it is more of an administrative task rather than a direct supervisory responsibility. Acting as an agent for all transactions is not feasible nor in line with the brokerage structure, as agents typically manage their own transactions under the broker's oversight. Overseeing financial aspects is crucial but generally falls under the administrative and managerial responsibilities rather than direct supervision of agent activities. Thus, supervising teams aligns most closely with a broker's primary responsibilities in fostering a productive and compliant work environment.