Buying or Selling a Home/2 questions

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Expert: - 1/25/2006


Question
Hi,  What is the differance between a broker and an agent?

Thanks,
Teresa
(I chose you because of the hat!)  

Answer
A broker is an agent, too. However, in most states a broker is for whom a licensed salesman or agent works for. He/she is the one responsible for what goes on in his/her office. The broker pays the office agent when he has earned a commission. A broker has more education and time spent on the job.

One more thing. When a salesman takes a listing, it DOES NOT BELONG TO THAT AGENT. It belongs to the broker. But the agent who took the listing is required to service it. If there is any dissatisfaction with the service, the broker may choose to have another office agent service the listing.

Thanks for the hat compliment. I've been wearing hats of one kind or another for most of my life.

I wish you well.  dixiedee13@aol.com

Dick Dennis

Buying or Selling a Home

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Dick Dennis

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With more than 41 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter, The Landed Gentry. It can also be sent to you via PDF.

Experience

Solving real estate problems for 37 years.

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National Association of Realtors

Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers

Education/Credentials
e-Pro Realtor, Certified Distressed Property Expert, Who's Who in Creative Real Estate

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