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What makes a real estate broker different from a real estate agent?
Wiki User
∙ 12y ago
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.
Wiki User
∙ 12y ago
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Who is a broker?
A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of either the buyer or seller. An example would be a Stock Broker who makes the sale or purchase of securities on behalf of his client who is either buying or selling a security.Here is a list of several different types of brokers:Business brokerCommodity brokerConstruction equipment brokerForex BrokerInsurance brokerInvestment brokerMortgage brokerReal estate brokerRigs brokersShip brokerStock brokerYacht charter brokersCapacity brokerOff Business brokerMarriage broker
What makes luxury real estate different than other real estate?
Luxury real estate refers to properties costing a million dollars or more to purchase. These luxury properties are in exclusive neighborhoods or gated communities.
What is Charismatic Real Estate Services?
Charismatic Real Estate Services offers boutique style services. Working with a charismatic Real Estate Agent ensures that your transaction will be handled professionally - which is why it makes since for you to talk to use before you buy or sell. We are committed to providing the highest level of customer service to make your real estate transaction as smooth as possible. You can rely on us for superior results in every situation
If you are denied by a life insurance company will there be others that may insure you?
Yes, but it makes it more difficult to find them once you have been denied. This is why you should always work with a broker!
What is a Cooperating Real Estate Firm?
A "cooperating" real estate firm is simply a competing real estate company that works with -- cooperates with -- another company. For example, Sunnyside Real Estate has a house for sale, and True Blue Agency is working with a buyer who is looking for a house to buy. The buyer is interested in the house at Sunnyside. An agent at True Blue shows the house to the buyer and the buyer makes an offer to buy. Sunnyside presents the offer to the seller. Sunnyside and True Blue are "cooperating" with each other to the benefit of their customer/client. Note that cooperation does not automatically include compensation. The firms should first come to a mutually agreeable compensation arrangement prior to showing.
How many workers can you hire for a real estate agent?
An agent can hire as many workers as they can support. Sometimes the broker makes these kinds of decisions, but if you are allowed to hire on your own, it is totally dependent on the qualifications for the job and your capital to hire.
Who is a broker?
A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of either the buyer or seller. An example would be a Stock Broker who makes the sale or purchase of securities on behalf of his client who is either buying or selling a security.Here is a list of several different types of brokers:Business brokerCommodity brokerConstruction equipment brokerForex BrokerInsurance brokerInvestment brokerMortgage brokerReal estate brokerRigs brokersShip brokerStock brokerYacht charter brokersCapacity brokerOff Business brokerMarriage broker
What is the average salary real estate broker?
Generally realtors are commissioned sales people. The broker makes a percentage of his sales staff's income. This obviously varies by quite a bit.
Who are the top real estate agents in Carson Valley?
Who the top real estate agents are in Carson Valley is going to depend on ones definition of what makes an agent the best. There could be a best selling agent, a best listing agent, most friendly etc. Also, the top real estate agent can change from month to month.
Salary of a real estate agent?
The salary that a real estate agent earns really depends on many factors. For one, a real estate agent that is working part-time normally makes less than an agent who works full-time. Also, the commission split that an agent has with his or her office will have an impact on the agents pay. For example, an agent working full-time making close to 100% of the commission will make considerably more than an agent working part-time and splitting 50% of the commssion with the employing broker. In other words, there are many factors that affect a real estate agents yearly pay. With that said, an agent can expect to make anywhere between $5,000 or over a six-figure income, all depending on the agents work ethic, attitude, and the above factors. It has been noted that, on average, real estate agents make $10,000 per year and that 20% of all realtors make 80% of all the income.
What is the percentage of a realtor commission today?
Although the typical commission rate is 7% for Residential and 10% Commercial there is no set commission rate, it all depends of the amount of work you want the agent to do (advertising, paperwork, ect.) and how much incentive you want to give the buyers agent which makes your house desirable for agents to show, also the agent does not get all of the commission, it is divided between the agent his broker the buyers agent and his broker plus advertising.
Broker First Means Broke First?
Before dealing with any real estate broker or home lending company about how much you will be paying for a mortgage, it pays to check the market yourself with a free online home loan repayment calculator. Before the Internet became so ubiquitous, it was impossible for a layman to calculate these kinds of figures. Now, the home loan repayment calculator makes it easy to see if that real estate agent or home loan officer is just trying to goad you into a deal that you can barely scrape by on. Go use the free home loan repayment calculator before you talk to the broker.
How much is a typical salary in the field of home real estate?
A typical salary in the field of home real estate was $54,410 back in 2008. This varies depending on how many sales the real estate agent makes.
How to sell home without an real estate agent?
You can sell home without an real estate agent through online or considering your friends and relatives. But you should aware about the present real estate market. Where I would like to suggest you go with the online real estate like samwinter, because they will sell your home with the reasonable price, which makes you profit.....
About how long does it take the average new broker or agent to get his or her business off the ground assuming that he or she makes an average of 50 prospect calls a day?
six months to a year
What does a broker do for work?
There are different types of brokers. Mortgage brokers help people take out mortgage loans. Real estate brokers act as a mediator between the buyer and the seller so that the buyer gets a good deal while the seller still makes money.
How much money does a licensed real estate agent earn in California?
i have learned the the average worker makes about 45,000 to 50,000 a yr. about 10% makes 95,000 when you sell a house you get 6%
