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