What is the difference between a commercial real estate broker and a real estate agent?

Commercial real estate brokers and real estate agents are both involved in the buying, selling, and leasing of real estate, but they play different roles in the process. A commercial real estate broker is an intermediary between a buyer and a seller of commercial property. The broker will help both sides negotiate the best deal possible. The broker is a specialist in the field of commercial property and can help guide the transaction process. The broker will also be able to provide expert advice and guidance based on their experience and knowledge of the local market. A real estate agent is a professional who has been licensed through the state of Pennsylvania to transact real estate on behalf of a buyer and seller. These agents are usually employed by a real estate brokerage. Agents must be knowledgeable about the local market and have the experience to represent either the buyer or seller. Agents are also responsible for managing the paperwork associated with a sale and helping the buyer and seller find a good deal. In summary, commercial real estate brokers specialize in the field of commercial property while a real estate agent is a licensed professional who helps buyers and sellers complete real estate transactions. Both are essential for the successful buying, selling and leasing of real estate in Pennsylvania.

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