What is the difference between a salesperson and a broker?
A real estate salesperson is a professional licensed by the state to help with buying or selling a home. The job of a real estate salesperson is to bring buyers and sellers together and help them reach an agreement. A real estate broker is a professional who helps sellers sell property. In other words, a real estate broker is an intermediary between buyers and sellers. A broker usually has salespersons, known as real estate agents, to assist them in the selling process.
Related Questions
- I am not licensed as a salesperson, but have 5 years of experience in a real estate-related field. Can I take the broker examination?
- Does the law preclude a broker or salesperson from being compensated for a brokers price opinion?
- Can I apply for a real estate salespersons license without a sponsoring broker?
