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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 an advancement over a Real Estate agent in education..and usually in experience.