In this video I will discuss the differences between a Real Estate Agent, Realtor, and Broker.
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00:00 Intro
00:22 Real Estate Agent
01:01 Realtor
01:39 Broker
Real Estate Agent
A Licensed person who is able to represent a Buyer or Seller in a Real Estate Transaction.
Needs to work under a Brokerage (Broker).
Realtor
A Real Estate Agent who has joined the National Association of Realtors and is held to higher standard of ethical conduct in their business. Must follow the code of ethics.
Broker
A Real Estate Agent or Realtor who has furthered their education after a minimum of 2 years of Real Estate Agent Experience. Passed their Brokers Exam and Received their Brokers License. Unlike Real Estate Agents who work under a brokerage. Brokers can work independently or hire on Real Estate Agents into their brokerage.
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DISCLAIMER: I am a licensed Realtor in California with eXp Realty, CalDRE: 02143712. All information provided in my videos is meant to be educational. The information is based on my experience, Not financial advice, please do your own fact checking and research on anything you learn on my channel!
Thank you for watching and as always, have a great day!
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