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What is the difference between a real estate agent and a real estate broker?

Submitted by admin on Fri, 03/14/2014 - 13:35
What is the difference between a real estate agent and a real estate broker?

Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems.
The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents.
The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker's name, not the salesperson's.
A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.

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Real Estate, Inc.
123 Name Ave, Suite 600
New Something 1234, Country

Phone: (123) 456-7890
Fax: (123) 123-4567