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Nesgroup address: alt.real-estate-agents - Date & Time for the message: 19 Mar 2005 06:14:38 -0800 /

Author of the message: wprien@yahoo.com

Title of the message:
Re: Salesperson vs Broker

Text of the message:
There several differences between a salesperson's license and a
broker's license, depending on the state you are in.
A salesperson(or agent, if you will) lists and sells houses, and
receives commission from the sales, and must me sponsored by a broker
at a real estate company. A broker is the head of the office(often, but
not always,) the owner as well. The broker is responsible for
overseeing the operations of the office, and his/her main duty is to
receive and distribute the commission checks to the appropriate
parties.
Of course this is a simplified description, but points out the basics.
Many sales agents get their broker's licenses, but don't ever function
as a broker. Here in NY if you get your broker's license, you don't
have to take the continuing education classes every 2 years, so many do
it for that reason alone. Also, many feel having the "broker" title
looks more professional.



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