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What is the difference between a real estate agent and a broker?

Both real estate agents and brokers are licensed to help you in your home purchase. Real estate brokers have additional certification in some states, but in many states the word “broker” and “agent” are interchangeable.

Should you use a real estate broker or an agent?

Real estate brokers are also typically very knowledgeable about real estate law. Still, there are some drawbacks to using a real estate broker over an agent. If someone is a managing broker, the person might be busy overseeing other real estate agents and, in turn, not have as much time to spend with you as an agent would.

Are all real estate brokers real estate agents?

All real estate brokers are real estate agents, but not all real estate agents are brokers. A real estate broker is a licensed real estate agent who has continued their education and passed their state’s required exams to earn their real estate broker license. This gives them the qualifications to manage their own business as a brokerage.

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