Real Estate Broker

A real estate broker typically owns a brokerage and employes real estate agents. They typically have more training and experience and handle the technical aspects of real estate transactions. Real estate brokers have successfully obtained a state’s real estate broker license after passing an exam.

Real estate brokers tend to work as independent agents or have other agents work for them. Agents who pass the broker exam but continue to work with another broker are called real estate associated brokers.