Unless the context used clearly requires a different meaning, as used in this article:
“Applicant” means any person who is making application to the commission for a license.
“Associate broker” means any person who qualifies for a brokers license, but who is employed or engaged by a licensed broker to engage in any activity regulated by this article, in the name of and under the direct supervision of the licensed broker.
“Broker” means any person who for compensation or with the intention or expectation of receiving or collecting compensation:
(1) Lists, sells, purchases, exchanges, options, rents, manages, leases or auctions any interest in real estate; or