Real estate agent vs. broker vs. realtor: What’s the difference?
Real estate agent vs. broker vs. realtor: What’s the difference?
Abstract
Real estate agents vs. Realtors vs. brokers When it comes to real estate professionals, the lines can get blurred. Understanding the difference between a Realtor and a real estate agent, as well as a real estate broker, can provide clarity on the type of real estate professional that best suits your needs. Real estate agent vs. Realtor The terms "Realtor" and "Real estate agent" are sometimes used interchangeably. The title can actually apply to a number of different real estate professionals, including: Real estate agentsReal estate brokersSalespeopleProperty managersAppraisersListing agents This means that while a Realtor can perform the same duties as a real estate agent, not all of them do. What is a real estate broker? A real estate broker is generally considered to be a step up from a real estate agent. Unlike real estate agents, someone who holds a broker's license can open their own real estate brokerage to represent buyers and sellers in real estate transactions. Brokers often work as independent agents or start their own brokerages and hire other real estate agents and Realtors to work for them.