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AGENT / BROKER
WHAT’S THE DIFFERENCE?
Buying or selling a home may be just
one of the biggest financial deals you
will make in your life, add the key
element of your lifestyle, where and
what area you desire to live; turning it
into one large decision.
As your real estate agent helps you
in every step of the buying or
selling process, the skills and
qualifications of that agent can
eventually make a major difference
in your real estate experience.
There are three main titles that signify
levels of training and licensing in the real
estate profession, but several other forms of
specialist certification which may be
relevant to your real estate transaction.
Real Estate Broker
Although some of the requirements
vary from state to state, a broker is
generally required to complete over
100 hours of classes, have at least a
year's experience as a real estate
agent, and pass exams.
Brokers are legally able to handle
deposits and escrow accounts.
In most states, real estate agents
must work under the
supervision of brokers.
A licensed broker working
under the supervision of
another broker is often called
an "Associate Broker."
If choosing an agent who is not a
broker, you should make sure that the
agent works for a reputable brokerage.
Real Estate Agent
Like brokers, real estate agents must
be licensed by the state in which they
are working, something that requires
completing a certain amount of
coursework, usually at least 50 hours,
and passing a licensing exam.
While real estate agents can list and
show houses and work with
customers, they are normally
employed or supervised by brokers.
While all brokers must be real
estate agents, not all real estate
agents are brokers.
REALTOR®
To use the title REALTOR®, a real estate
agent must be a member of the National
Association of REALTORS®, and have
agreed to follow its code of ethics.
Certified Real Property Appraiser
Although a real estate agent is
expert at understanding the market,
and helping you determine selling
prices and offers for properties,
if you intend to get a mortgage,
you must get an appraisal conducted
by a state-certified appraiser.
Appraisers have a duty
to be objective and unbiased
when evaluating properties.
The Appraiser Qualifications Board sets
training standards for appraisers.
Seniors Real Estate Specialist®
Members of the National Association of
REALTORS® who have completed
advanced training and passed an
examination on addressing the
particular real estate needs of seniors
can obtain SRES® certification.
Agents with this designation are adept
at helping seniors who may be
downsizing, moving to transitional
living arrangements, or setting up
multi-generational trusts.
Military Relocation Professional
Relocating as a military family
brings with it unique challenges,
especially in dealing with VA
financing and other aspects of
the military relocation process.
This certification requires
completing specific coursework
and passing an exam focused
especially on VA loans
and military paperwork.
National Association of
REALTORS® Green Designation
Many urban professionals are
concerned about the impact of their
home choices on the environment.
‘What is the Green Resource
Council’ trains and certifies real
estate agents to work with
homeowners concerned with
finding or selling green housing.
If you are looking for a condo to buy in
Arizona, We Know Urban Realty will
help you find the perfect place.
Their realtors are experts when
it comes to urban living.
Visit the site to see
what's available right now:
www.weknowurban.com
Will Daly, Broker
We Know Urban Realty, LLC
834 E Claremont Street, No 3
Phoenix, AZ 85014
(480) 510-8755
Email: Will@WeKnowUrban.com

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What Is the Difference Between an Agent and a Broker

  • 1. AGENT / BROKER WHAT’S THE DIFFERENCE?
  • 2. Buying or selling a home may be just one of the biggest financial deals you will make in your life, add the key element of your lifestyle, where and what area you desire to live; turning it into one large decision.
  • 3. As your real estate agent helps you in every step of the buying or selling process, the skills and qualifications of that agent can eventually make a major difference in your real estate experience.
  • 4. There are three main titles that signify levels of training and licensing in the real estate profession, but several other forms of specialist certification which may be relevant to your real estate transaction.
  • 6. Although some of the requirements vary from state to state, a broker is generally required to complete over 100 hours of classes, have at least a year's experience as a real estate agent, and pass exams.
  • 7. Brokers are legally able to handle deposits and escrow accounts.
  • 8. In most states, real estate agents must work under the supervision of brokers.
  • 9. A licensed broker working under the supervision of another broker is often called an "Associate Broker."
  • 10. If choosing an agent who is not a broker, you should make sure that the agent works for a reputable brokerage.
  • 12. Like brokers, real estate agents must be licensed by the state in which they are working, something that requires completing a certain amount of coursework, usually at least 50 hours, and passing a licensing exam.
  • 13. While real estate agents can list and show houses and work with customers, they are normally employed or supervised by brokers.
  • 14. While all brokers must be real estate agents, not all real estate agents are brokers.
  • 16. To use the title REALTOR®, a real estate agent must be a member of the National Association of REALTORS®, and have agreed to follow its code of ethics.
  • 18. Although a real estate agent is expert at understanding the market, and helping you determine selling prices and offers for properties, if you intend to get a mortgage, you must get an appraisal conducted by a state-certified appraiser.
  • 19. Appraisers have a duty to be objective and unbiased when evaluating properties.
  • 20. The Appraiser Qualifications Board sets training standards for appraisers.
  • 21. Seniors Real Estate Specialist®
  • 22. Members of the National Association of REALTORS® who have completed advanced training and passed an examination on addressing the particular real estate needs of seniors can obtain SRES® certification.
  • 23. Agents with this designation are adept at helping seniors who may be downsizing, moving to transitional living arrangements, or setting up multi-generational trusts.
  • 25. Relocating as a military family brings with it unique challenges, especially in dealing with VA financing and other aspects of the military relocation process.
  • 26. This certification requires completing specific coursework and passing an exam focused especially on VA loans and military paperwork.
  • 28. Many urban professionals are concerned about the impact of their home choices on the environment.
  • 29. ‘What is the Green Resource Council’ trains and certifies real estate agents to work with homeowners concerned with finding or selling green housing.
  • 30. If you are looking for a condo to buy in Arizona, We Know Urban Realty will help you find the perfect place.
  • 31. Their realtors are experts when it comes to urban living.
  • 32. Visit the site to see what's available right now: www.weknowurban.com
  • 33. Will Daly, Broker We Know Urban Realty, LLC 834 E Claremont Street, No 3 Phoenix, AZ 85014 (480) 510-8755 Email: Will@WeKnowUrban.com