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Like real estate agents, principal brokers get paid on commission—taking a cut of the commissions of the sales agents they supervise (although many principal brokers receive an annual base salary).
A real estate broker, real estate agent or realtor is a person who represents sellers or buyers of real estate or real property.While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions.
A real estate broker works to negotiate and arrange real estate transactions. This licensed individual has daily duties that include writing contracts and overseeing transactions for sales and purchasing activities on homes, land and commercial properties.

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Real estate brokers guide their clients through the process of a real estate transaction. When representing a seller, a broker lists the property for sale, advertises the property, and arranges and oversees open houses and other viewings. When representing a buyer, a broker works with their client to determine their needs, locates properties ...
What Is a Real Estate Broker? A real estate broker is a step above a real estate agent.A broker generally has more training and subject-matter education than an agent, but not always. A real estate broker can work independently or hire real estate salespersons to work under them.
Real estate brokers are licensed to manage their own businesses. As independent businesspeople, brokers often sell real estate owned by others. In addition to helping clients buy and sell properties, they may help rent or manage properties for a fee. Many operate a real estate office, handling business details and overseeing the work of sales ...
Real estate brokers have additional certification in some states, but in many states the word “broker” and “agent” are interchangeable. For example, in some states, brokers must have a real estate license for a minimum of two years and then pass a more difficult exam.
A real estate agent is an industry professional who takes and passes all required real estate classes, along with the real estate licensing exam in the state in which he or she intends to work. As ...