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Real estate broker vs Real estate salesperson. What differences?

On the Dave Finburgh Team Inc., there are several Real estate brokers.

What is a Real estate broker?  Why is there a difference between a Real estate broker and a Real estate salesperson?

To answer this, lets explore the difference:

  • Real estate broker: A person who has taken education beyond the agent level as required by state laws and has passed a broker’s license exam. Brokers can work alone or they can hire agents to work for them.
  • A Real estate salesperson: A person licensed by the state to perform Real estate duties but who has not had the additional education and passed the test necessary to become a broker. Salesperson’s cannot own their own Realty company or be independent.
  • A Real estate broker is a step above a Real Estate agent.