My Partner and I Want to Hire an Agent to Help Us Purchase a Home. What is the Difference Between an Agent and a Broker?
Buying a HomeThe term ‘real estate agent’ is generally used interchangeably between both types of agents, but there is a difference. Following is a general definition and duties of an agent and a broker. Real Estate Agent A real estate agent is a person that has passed both state and national exams to become licensed by the state where they will be working. The requirements vary, depending on state laws, but general qualifications include minimum age and education and/or experience and real estate pre-license or college courses. Once licensed, an agent must […]