What is the difference between a real estate salesperson and a broker?
A. A real estate salesperson is licensed to sell real estate in the state of Illinois and is affiliated with a real estate broker. A broker, who has taken additional courses and passed a broker exam, can become a principle member of company that engages in property sales, employ salespeople or become affiliated with another 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?
