The Managing Broker Pre-License courses are designed for Brokers who wish to manage an office or become a sole proprietor. You must be licensed and practicing real estate for two years to be eligible to become a Managing Broker. The Managing Broker Pre-License Applied Management and Supervision-Interactive (15 Hrs.) course introduces students to real world situations via role play. Topics covered include the internet and social media, ethics, confidentiality, short sales and foreclosures.