What's The Difference Between an Agent and a Broker

  • To become an agent, you first have to take the required number of classes and then pass a state-licensing exam.

  • To become a broker, you have to be an agent, take more classes, and then pass another state-licensing exam.

  • Brokers can open, run, or own real estate offices, or work independently. Agents, however, have to work for brokers, who are responsible for them.

 

  • For most clients, agents and brokers can help you equally well. Just make sure they´re state-licensed.

  • Work with the most experienced professional you feel comfortable with, irrespective of title.

  • What´s the difference between a Realtor and a broker?

  • A Realtor is a broker or agent who belongs to the National Association of Realtors (N.A.R.) and subscribes to their code of ethics and conduct.

  • There are a total of about 2 million real estate agents and brokers in the U.S. 750,000 of them belong to the N.A.R.

 

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