What type of training is mandatory for new brokers?

The correct choice highlights the importance of a pre-licensing education program, which is essential for new brokers to gain the foundational knowledge necessary to operate within the real estate industry. This program typically covers key topics such as real estate laws, ethics, property management, and sales techniques, ensuring that new brokers understand the regulatory environment and best practices before they engage with clients or transactions.

Completion of a pre-licensing education program is designed to prepare new brokers for the responsibilities they will face, equipping them with the skills and insights required to navigate the complexities of real estate transactions while complying with the relevant laws and regulations.

In contrast, options such as an internship program may provide practical experience but are not a standardized requirement for licensure. On-the-job training is also beneficial but does not replace the need for formal education. Annual refresher courses are important for ongoing professional development, but they are not mandatory training for new brokers at the outset of their careers. Thus, the pre-licensing education program stands out as the necessary initial training that every new broker must complete to obtain their license.