| What is the difference between a real estate broker | | | | planning to buy. Of course, having a broker would |
| and real estate agent? Many people today are | | | | mean more expenses that could amount to up to |
| confused about the distinction between the two | | | | thousands of dollars off your savings. But these |
| terms. Some think that they are the same, but this is | | | | expenses will be well-justified by good performance |
| not true at all. Even though both a broker and an | | | | of the broker and the convenience that his expertise |
| agent must undergo schooling and pass a certifying | | | | will offer you. |
| exam, there are significant differences between the | | | | For a cost-friendlier solution to your house-searching |
| two of them. | | | | woes, try hiring a discount broker. He's the guy who |
| From a technical perspective, the difference between | | | | makes brokerage his job but the pay he takes from |
| the two is mainly on the type of licenses they hold. | | | | his clients is at a discounted rate. Other brokers |
| In order for the broker to obtain a different type of | | | | follow the standard rate for their services, but the |
| license, he should first complete additional coursework | | | | discount broker offers his at a lower rate. It's not |
| beyond that which the agent has completed. | | | | because he will work shorter hours. Simply put, this |
| The words broker and agent are being misused | | | | type of broker has made it a commitment to help |
| these days. The former actually has more educational | | | | people who look for homes without draining their |
| background than an latter and has more | | | | pockets. It may sound unbelievable but these people |
| responsibilities in a real estate transaction. Due to this, | | | | are satisfied with the smaller fees they get and |
| the agent generally works under a broker. | | | | believe that it's the pride they have in this kind of job |
| If you have decided lately to buy your own house | | | | that matters the most. |
| but don't have the time to look around, you can do | | | | Broker or agent, at the the end of the day, it's |
| as the others - find a broker. This professional will | | | | getting the house you want that really does matter. |
| know exactly where to look for houses and lots for | | | | So go ahead with anyone as long as you know |
| sale and he can also give you a ready list of | | | | you're getting a fair deal and you don't end up with a |
| properties that fit your criteria for the home you're | | | | house that doesn't make you happy inside and out. |