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Old Questions & Answers

What is the difference between a real estate agent and a real estate broker?

Formulada por: Cesar L. Diaz
2/15/2008 5:31:23 PM
     
  R: Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems. The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents. The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker's name, not the salesperson's. A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.

Answer by Bill Arce 2/16/2008 10:34:22 PM

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REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.

NAHREP - A registered trademark of the National Association of Hispanic Real Estate Professionals, which identifies a Real Estate professional member who subscribes to its strict code of ethics. RealEstateLatino.com has no affiliation with NAHREP.

The Fair Housing Act, 42 U.S.C. 3601 et seq., prohibits discrimination by direct providers of housing, such as landlords and real estate companies as well as other entities, such as municipalities, banks or other lending institutions and homeowners insurance companies whose discriminatory practices make housing unavailable to persons because of:


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