| You've decided that you want to get your real | | | | by his or her particular state to charge a fee for |
| estate license. You've heard of a broker license | | | | bringing a buyer and a seller together to purchase |
| too. What is the difference between these two | | | | real estate.* Assist sellers in marketing their |
| real estate professions? Unless you've been | | | | property and selling it for the highest price. |
| involved in a real estate transaction or are familiar | | | | * Assist buyers in purchasing suitable property |
| with the careers, you might not know the exact | | | | for the best possible price. |
| differences.If you want to pursue your real | | | | * Acts as an intermediary between the buyer |
| estate license, you should thoroughly understand | | | | and seller. |
| the similarities and differences.All states require | | | | * Buys and sells real estate for a company or |
| that real estate sales professionals, including | | | | individual on a commission basis.Real estate |
| salespersons and brokers, be licensed by that | | | | salespersons and brokers perform many of the |
| state. Brokers will generally be required to | | | | same duties including: obtaining listings, determining |
| complete more real estate education and | | | | sales price; showing properties; assisting with |
| experience than a salesperson.A real estate agent | | | | financing; selling property; overseeing inspections, |
| is usually an independent contractor who provides | | | | and more.The state examination, which is more |
| his or her services to a licensed real estate | | | | comprehensive for a real estate broker than an |
| broker on a contract basis. In return, the real | | | | agent, includes questions on real estate |
| estate broker pays the salesperson a portion of | | | | transactions and laws affecting the sale of |
| the commission earned from the agent's sale of | | | | property. Most states require that a real estate |
| the property.Real Estate Salesperson - An | | | | salesperson complete between 30 and 90 hours |
| individual who can show property for sale on | | | | of instruction. A real estate broker needs |
| behalf of a seller, but who may not have a license | | | | between 60 and 90 hours of real estate |
| to transact the sale and collect the sales | | | | education and a specific amount of experience |
| commission.* Assist sellers in marketing their | | | | selling real estate (usually 1 to 3 years). Brunson is |
| property and selling it for the highest price. | | | | a lead marketing writer for Allied Schools. She has |
| * Assist buyers in purchasing suitable property | | | | a B.A. in Journalism with an emphasis on public |
| for the best possible price. | | | | relations. She has additional experience in technical |
| * Acts as an intermediary between the buyer | | | | writing. |
| and seller.Real Estate Broker - A person licensed | | | | |