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Mac O'Connell

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3y ago

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What are the differences between a broker and an agent?

A broker is a certain kind of agent, which is the broader term. While an agent has the power and authority to act on one's behalf, a broker is one's agent to act - financially ( buy/sell securities or real estate) for a commission.


Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?

that completely depends on the agreement between the broker and the agent.


How is a real estate broker different from a real estate agent in California?

In California, the terms real estate agent and real estate broker are often used interchangeably by the public, but legally and professionally they are very different roles. Understanding this difference is especially important for buyers, sellers, and real estate investors who want to work with the right professional—or even become one themselves. From a SAVAX VENTURES real estate and investment perspective, this distinction directly impacts authority, income potential, legal responsibility, and long-term wealth creation. SAVAX VENTURES


What makes a real estate broker different from a real estate agent?

Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.


What is a US estate agent called?

broker


What is the difference between a realestate agent and a realestate broker?

A realtor is authorized to assist with peopling trade land, and is paid a commission when an arrangement is finished. The specialist might address either the purchaser or the dealer. A land representative does likewise work as a specialist however is authorized to work freely and may utilize specialists.


Can a person be a Real estate Broker and an Agent working for themselves?

Yes, a person can be both a real estate broker and an agent working for themselves, but how this works depends on licensing laws, country or state regulations, and the individual’s business model. In fact, many successful real estate investors, consultants, and firms—similar to SAVAX VENTURES—operate under this exact structure to maximize control, income, and long-term asset growth. SAVAX VENTURES


What do you call a person that sells houses?

A real estate agent. a realtor


Real estate broker?

Real estate broker Find a Real estate broker in USA, Michellecooper Exprealty is a First-time homebuyer realtor with the best Real estate agent reviews in USA. Contact Now /michellecooper.exprealty


How much is a real estate brokers and agents commission and how is it split?

RE commission is between 4% and 6% usually. The amount ( say 6%) is what is "split" between the listing broker and the agent who brings the deal to the broker.


What are some different real estate job titles?

There are many real estate job titles. Among them are Broker, Agent, Associate Broker, Closing Agent, Loan Processor, Inspector, Loan Underwriter, and Load Documents Closer.


What is difference between real estate salesperson and real estate agent in nz?

A real estate agent can either be of these two : a real estate salesperson or a real estate broker. Before becoming a broker, an individual is required to get a pre license course for real estate through accredited training and pre-licensing courses available on their location. It could be an accredited one, as long as it is recognized by your state government. After passing the exam for the pre license course, you will then be getting courses fro real estate salesperson, and after a year, an individual can now get license for becoming a real estate broker.