Which of the following is NOT a responsibility of a real estate broker?

The correct response lies in understanding the distinct roles within a real estate brokerage. A real estate broker's primary responsibilities typically include supervising salespersons, ensuring compliance with relevant laws and regulations, and managing real estate transactions. These functions are critical as they help maintain the integrity of the brokerage, protect clients, and ensure that all dealings are conducted lawfully.

Conducting property inspections, however, is not a standard responsibility of a real estate broker. While brokers may certainly have knowledge about property inspections and may even oversee them indirectly, it is usually the responsibility of licensed home inspectors or real estate agents who may specialize in that area to conduct these inspections. Therefore, the role of a broker does not typically encompass the hands-on inspection of properties, making it the correct answer in this context.