What is the difference between a real estate broker and a real estate salesperson?
A real estate broker is responsible for the supervision and conduct of the real estate brokerage business. He or she applies for and holds the license on behalf of the brokerage. This person is known as the “representative broker.” A real estate salesperson works for and is supervised by the representative broker. The salesperson acts as the representative broker’s agent. All listings, although perhaps negotiated by a salesperson, are accepted by the representative broker.
Related Questions
- If I am a CPA, or have a Texas real estate broker, salesperson, or appraiser license, can I sponsor or hire registered property tax consultants?
- If I hold a real estate broker, salesperson or appraiser license, are my registration, education and examination requirements different?
- Can I apply for a real estate salespersons license without a sponsoring broker?
