What's the difference between a realtor and a broker?
When buying and selling real estate, you can get hit with a lot of terminology! One of the first and most important questions you’ll want answered is whether you’re working with a single agent or a transaction broker. (You can read more about that here!) But it’s also important to know if the person representing you in the transaction is a Realtor or a Broker. First, what’s the difference?
What is a Realtor?
A Realtor is also known as a sales associate. These are licensed real estate professionals who are able to represent buyers or sellers in the purchase or sale of properties. They earn commissions on the transactions they help to close. As real estate professionals, they…