Which of the following roles is NOT typically associated with a real estate licensee?

A mortgage lender is a financial institution or individual that provides funds to borrowers for the purpose of purchasing real estate. While mortgage lenders play a crucial role in the real estate transaction process by providing financing to homebuyers, they are not typically associated with the roles that a real estate licensee performs.

Real estate licensees, such as property managers, real estate appraisers, and buyer's agents, engage in activities directly related to the buying, selling, leasing, or managing of real estate properties. Property managers oversee the day-to-day operations of rental properties, ensuring that the properties are well-maintained and that tenants' needs are addressed. Real estate appraisers assess the value of properties to determine appropriate pricing for sales and purchases. Buyer's agents represent the interests of those looking to purchase real estate and guide them through the buying process.

In contrast, mortgage lenders do not hold a real estate license to engage in these activities and primarily focus on the financial aspect of real estate transactions, which is separate from the roles associated with real estate licensees.