A r eal estate agent is a licensed professionalwho arranges real estate transactions,putting buyers and sellers together and acting as their representative in negotiations. Real estate agents usually are compensated completely by a commission攁 percentage of the property purchase price攕o their income depends on their ability to close a deal.
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What does a real estate agent do?
A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. A real estate agent usually works on commission, being paid a percentage of the property sale price. In most states a real estate agent must work through a real estate broker, firm, or fellow professional with more experience …
What do you call a real estate agent with a license?
Real estate agent: Anyone who earns a real estate license can be called a real estate agent, whether that license is as a sales professional, an associate broker or a broker. State requirements vary, but in all states you must take a minimum number of classes and pass a test to earn your license.
What is a a realtor?
A realtor is a member of the National Association of Realtors (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals.
What are the different types of real estate agents?
1 Real estate agent. A real estate agent is someone who has a professional license to help people buy, sell, or rent all sorts of housing and real estate. 2 Real estate broker. … 3 Realtor. … 4 Listing agent. … 5 Buyer agent. … 6 Rental agent. …