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      • Real estate agents are licensed salespeople who help their clients buy or sell homes. An agent must work under a real estate broker and is typically compensated through commissions shared with that broker. (Some agents might work on a flat-fee model rather than a commission-based model.)
      www.bankrate.com › real-estate › real-estate-broker-vs-agent

      Real Estate Broker Vs. Agent Vs. Realtor | Bankrate

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  3. www.zillow.com › learn › real-estate-broker-vs-agentUnderstanding the Differences: Real Estate Broker vs. Agent

    Nov 8, 2019 · Brokers are licensed to do everything a real estate agent does, including negotiating and writing property transactions, but brokers can also assist agents if an issue occurs during any part of the home-buying or selling transaction.

  4. www.investopedia.com › ask › answersThe Differences Between a Real Estate Agent, a Broker, and a ...

    Mar 25, 2024 · Real estate agents are licensed to help people buy, sell, and rent real estate and must work for a sponsoring broker or brokerage firm. Brokers have additional training and licensing...

    • Troy Segal

  5. www.indeed.com › career-advice › finding-a-jobReal Estate Salesperson vs. Broker: What's the Difference?

    Dec 19, 2022 · Real estate agents must work under a licensed broker and are operating on behalf of the firm. While brokers and real estate agents must pass respective licensing exams, brokers receive more training than agents and can perform the more complex tasks involved in real estate sales.

  6. theclose.com › real-estate-broker-vs-agentReal Estate Broker vs. Agent: A Head-to-Head Analysis - The Close

    Jun 6, 2023 · For a real estate agent to do business, they have to work for a broker. When a broker hires an agent, they negotiate two numbers: a split and a cap. The split is a percentage―or, in some cases, a flat fee―that the broker takes from the proceeds of every sale. The cap is the maximum amount an agent will pay to a broker within a calendar year.

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  7. www.rocketmortgage.com › learn › real-estate-brokerReal Estate Broker Vs. Agent, Explained | Rocket Mortgage

    Apr 21, 2024 · A real estate broker can do everything an agent can do but can also run their own brokerage firm and oversee the work of agents working under them. A real estate agent can work their way up to becoming a broker once they have the necessary experience and pass the broker license exam.

    • Victoria Araj

  8. www.bostonrealestateclass.com › agent-vs-brokerWhat is the Difference Between a Salesperson and Broker?

    They basically mean the same thing. Once you are licensed as a salesperson you will you be able to work as a real estate agent, represent clients in real estate transactions, and earn a commission. However, even if you're a licensed real estate salesperson, you can't just set up your own office and start making real estate deals.

  9. www.realtor.com › guides › the-ultimate-real-estateAgent, Broker, Realtor: What’s the Difference?

    A real estate broker is someone who has taken education beyond the agent level as required by state laws and passed a broker’s license exam. Similar to real estate agent exams, each state sets ...

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