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

A real estate agent and a real estate broker each play a role in the sale and purchase of residential real estate in California, but there are several key differences between the two. A real estate agent works with clients to both buy and sell real estate, but they must work under the license of a broker. Agents will typically provide advice to their clients about local markets and help them with the paperwork of buying and selling. However, agents are not able to offer legal advice and cannot independently negotiate legal contracts. A real estate broker is a licensed individual who is responsible for the intermediary role between buyers and sellers. Brokers are allowed to negotiate contracts and provide advice about residential real estate law. They also have the authority to hire other agents to work under their license. In summary, the difference between a real estate agent and a real estate broker is that agents must work under the license of a broker and are only able to provide advice on the sale and purchase of real estate. Brokers are licensed and are able to provide legal advice and negotiate contracts.

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