Monday, January 30, 2023

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broker vs salesperson real estate

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What is the difference between salesperson and broker?
Real estate salespeople and brokers work to help clients buy or sell homes. However, their roles differ in the operation of a real estate business. The broker is the owner or managing agent of a brokerage, while a salesperson (also called an agent) is normally an independently contracted employee.
What is the difference between a brokerage and an agent?
Real estate agents have a professional license to help people buy, sell, and rent real estate. ... Brokers are real estate agents who have completed additional training and licensing requirements. They can work independently and hire other real estate agents to work for them.