WHAT DOES AN ESTATE BROKER DO

1. WHAT DOES AN ESTATE BROKER DO? This article simply sums up the genuine difference between brokers and agents. A real estate broker is actually just a real estate agent who has the ability to manage their business. This means that a real estate broker can hire other real estate agents to work for them or they can work independently. These brokers can work for other companies that are in the real estate business. Every big business firm will have a broker that only works for them and all the agents will directly report to them on a daily basis. You can imagine real estate as a ladder and the higher you climb, the more licenses you will need; brokers on the top, agents in the middle, and home buyers and sellers at the bottom. Brokers can do anything an agent can do; market a home, represent buyers and sellers, or write up a contract. But there is always a difference between an agent and a real estate broker, primarily in what they can and cannot do. 1. 2. 3. A broker can hire agents to work under them and report them. A broker can move the money of an escrow account. A broker can also work as an umpire between the conflicts in a legal dispute. ADRESS- 1100 Dunlawton Ave | Port Orange PHONE- 386-761-6100 WEBSITE-https://jerinehall.adamscameron.com/