Which of the following is NOT an obligation of a broker?

The correct answer is that managing company finances is not typically regarded as a primary obligation of a broker in real estate. While a broker may indeed be involved in financial aspects of their business, such as budgeting or overseeing transactions from a financial perspective, the core responsibilities focus more on facilitating real estate transactions and ensuring compliance with legal and ethical standards.

Supervising transaction procedures, marketing properties directly, and ensuring compliance with licensing laws are essential duties that align with the broker's role in guiding clients through the real estate process, advocating for their interests, and adhering to contractual and regulatory frameworks. These tasks are fundamental to maintaining the integrity of the brokerage and ensuring successful transactions.