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This question is about what a real estate sales associate does, what a real estate broker does, and real estate sales associate.
Real Estate Salesperson vs. Broker
A real estate salesperson or real estate agent is a professional licensed to sell a property for a real estate firm, while a broker is someone who represents a party in the transactions between a buyer and seller in a real estate deal.
A real estate salesperson can specialize in certain areas, such as listings, buying, and other transactions. There are dual real estate salespeople who can represent both buyers and sellers as well. They can not work independently and always work for a particular real estate company.
A broker can work independently or at a real estate brokerage firm with real estate agents working under them. At brokerage firms, they are responsible for recruiting, training, and managing real estate agents. They also supervise real estate transactions. However, their key function is to serve as an intermediary between a buyer and a seller of property.
Here are the key differences between a real estate salesperson and a real estate broker:
A broker must pass a broker license exam
A real estate salesperson works under a real estate broker
A broker can work at a firm or independently
A real estate salesperson can only work at a real estate firm
Brokers make higher salaries and commissions than real estate salespeople
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