Difference between real estate agents and brokers

This article is about real estate agent and real estate broker…

Real estate agents are licensed to assist people with the process of buying and selling,or renting homes or lands. 

One of the most appealing aspects of working as an agent is that, meeting new people, new places, and also responds upon the changing needs of buyer and seller.

Agents must work under the surveillance of certified brokers, who ensures that each agent comply with the real estate laws and regulations.

real estate agents are pillars of the community.

  

Real estate brokers or managing real estate broker is responsible for overseeing real estate transactions between buyers and sellers.

Brokers can legally establish a brokerage and supervise other real estate agents.

Broker takes all legal responsibility for real estate transactions done by agents or buyers.

Buyers and sellers need common platform to initiate a home purchase or sale, also same for landlords and tenants, who want to rent their property

Real estate brokers are responsible for compliance, paperwork and new agent training.

 Difference between real estate agents and real estate brokers

 

Real estate agent is an industry professional who facilitates real estate transactions under a brokerage.

Brokers may work to start their own brokerage and employ agents to work for 

them.

An agent works only under a brokerage and cannot work independently, but Broker’s training allow them to work independently or facilitate property transactions or own a brokerage.

Real estate agents helps in submitting offers and negotiation & brokers help technical aspects of sales.

 

Biggest difference is that real estate brokers can work as a agent but real estate agents can’t work as a broker, unless and until they have a brokers license.