The Difference Between The Real Estate Agent and Broker

 

The field of real estate has many stockholders who are involved in one way or another in the real estate field. The key stakeholders in real estate are real estate agents and brokers. The two parties are different and perform different activities in the real estate field. People think that brokers and real agent are same and that they perform the same duties and that is not true. One needs to be interested in the real estate field for one to tell the difference between the broker and the real estate agent

 

 

The field of real estate has many stockholders who are involved in one way or another in the real estate field. The key stakeholder in the real estate are real agents and brokers. The two parties are different and perform different activities in the real estate field. Brokers at this sitecan choose many options that are open for them, unlike real estate agents. The duties of real estate agents are limited.

 

The brokers have different job description from that of real estate agents at https://brokerbreakup.com/what-is-the-real-difference-between-a-real-estate-agent-and-broker/. The brokers can open their own business and hire a real estate agent to work for them. Brokers are the one who manages the business on behalf of the owner. The brokers are the one who settles disputes that may arise in the premises between tenants or when the tenants have the issue with the house.

 

The brokers are the ones who keep records of the tenants and also are in charge of renewing the contract for the existing tenants, they also review the contact and can make changes when the need arises on behalf of the owner. You can also watch this video at https://www.youtube.com/watch?v=fWpExOqtQwE for more info about real estate.

 

On the other hand real estate agent act as the bridge between the seller and the buyer, the real agent finds new clients and negotiate the prizes. The real estate agents normally market the houses on behalf of the owner or the broker, he or she goes around showing the houses to would be clients or whoever will be interested to see the house or the estate. The brokers are highly paid than real estate agents. This is because the brokers have many duties as compared to those of the real estate agents. This is according to research done a few years ago. The real agent only learn basic skills and do not really require to take the whole course of real estates like the brokers and other stakeholders