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What is the difference between a realestate agent and a realestate broker?
Wiki User
∙ 15y ago
A realtor is authorized to assist with peopling trade land, and is paid a commission when an arrangement is finished. The specialist might address either the purchaser or the dealer. A land representative does likewise work as a specialist however is authorized to work freely and may utilize specialists.
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stella wath
A real estate agent is anyone who has earned a real estate license. A real estate broker is an agent who has also passed their broker license exam. The primary difference between a real estate agent and broker is that a broker can own a real estate firm or hire agents to work for them. Houses for rent in Illinois Chicago.
Wiki User
∙ 15y agoA realestate broker has more training and does not have to be under a firm. A realestate agent has to work under a firm for a given amount of time before they can be a realestate broker.
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What is the difference between a broker and agent in marketing and advertising?
one eats eggs for breakfast
What are the differences between a broker and an agent?
A broker is a certain kind of agent, which is the broader term. While an agent has the power and authority to act on one's behalf, a broker is one's agent to act - financially ( buy/sell securities or real estate) for a commission.
What is the difference between customer service and call center agent?
nothing..
What do you call the person who sells insurance policies?
This individual is called an Agent or Insurance broker
What do you call a person that sells houses?
A real estate agent. a realtor
What is the Difference between brokerage and commission?
difference between broker and commission agent
What is the difference between a broker and agent in marketing and advertising?
one eats eggs for breakfast
What is the difference between mercantile agent delcredere agent broker and factor agent?
An agent (captive) works directly for a single insurance company and is limited only to that company's offerings. A broker represents many insurance companies and can therefor provide you a multitude...
What does a stock broker do?
a broker buys and sells stocks for their clients. They get paid commissions for doing this. It s kinda like being realestate agent, the broker is the middle man between 2 investors those that want to buy and those that want to sell. broker dealers also have their own "book", apart from buying/selling on clients behalf they can buy/sell for their own position.
How does the role of a dealer differ from that of a commodities broker?
In contrast to the broker's role as an agent, a dealer acts as a principal in relations with customers. This is the only difference between commodities brokers and dealers.
What are the differences between a broker and an agent?
A broker is a certain kind of agent, which is the broader term. While an agent has the power and authority to act on one's behalf, a broker is one's agent to act - financially ( buy/sell securities or real estate) for a commission.
Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?
that completely depends on the agreement between the broker and the agent.
What is the difference between an insurance agent and insurance broker?
An Insurance Broker has a duty of care to the client to secure the best deal on the market by 'broking' the insurance requirement out to all insurance companies who will accept the risk. An Agent of an Insurance Company works only for the Insurance Company concerned and thus the client will get a quote from only the insurance company the Agent represents .
What is the difference between insurance agents and brokers?
An insurance broker differs from an insurance agent in that a broker is considered an agent of the Insured even though he or she may receive a commission from the insurance company A broker may sell the products of a number of insurers whereas an insurance agent has the Insurer as his principal and works in the interest of the Insurer and not the Insured
How is a real estate broker different from a real estate agent in California?
A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.
What are the relevance of brokers in insurance?
An insurance broker is a person or entity that is licensed by one or more state departments of insurance to sell insurance. This is similar to an insurance agent. The main difference between a broker and an agent is this: a broker is authorized by a number of insurers to submit applications for insurance by the broker's customers. Stated otherwise, a broker works on behalf of the customer, and seeks to obtain coverage for him/her/it from the insurers represented by the broker. In contrast, an insurance agent often represents a single insurer and sells only that insurer's products. Both are governed by the insurance laws of the state(s) of licensure, and are required to meet educational requirements to obtain and maintain their licenses.
Can you break your lease if you buy a house in AZ?
i dont know call your realestate agent!
