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What is the difference between a real estate broker and real

 
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gobranson



Joined: 08 Oct 2009
Posts: 7

PostPosted: Fri Oct 09, 2009 4:26 pm    Post subject: What is the difference between a real estate broker and real Reply with quote

I am wondering what the difference was between a real estate broker and a real estate agent?
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Xanthia Alysha



Joined: 26 Oct 2009
Posts: 137

PostPosted: Mon Feb 15, 2010 5:13 pm    Post subject: Reply with quote

The terminology used to identify real estate professionals differs a little from state to state. Brokers are usually required to have more education and experience than real estate agents. The person you normally deal with is a real estate agent.
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peterjohn1



Joined: 12 Mar 2010
Posts: 1

PostPosted: Thu Mar 18, 2010 6:52 pm    Post subject: Re: What is the difference between a real estate broker and Reply with quote

gobranson wrote:
I am wondering what the difference was between a real estate broker and a real estate agent?

Real estate agent provide home buying services, and real estate brokers is who acts as an intermediary between sellers and buyers of real estate.
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discountreal



Joined: 11 Jun 2010
Posts: 18

PostPosted: Sat Jun 12, 2010 12:13 am    Post subject: Reply with quote

The basic work of both is same. Real estate broker runs a company & agent works individual.
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realstators



Joined: 29 Jun 2010
Posts: 10

PostPosted: Tue Jun 29, 2010 2:53 am    Post subject: Reply with quote

broker has more education and experience, real estate agents actually work beneath the broker. Therefore, a person that works as an independent realtor must be a broker as well. A real estate agency with multiple employees, however, may have only one licensed broker and several agents. While the agents will perform many of the same functions as the broker, the broker is the one that is ultimately responsible for ensuring the transaction is completed properly. In exchange for taking on this added responsibility, the broker receives a percentage of the commission the agent earns when selling a home.
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