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The Difference Between a Real Estate License and Broker License

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




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ESTATE SALE CONTINGENT UPON TITLE BEING





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