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

Real estate agents and real estate brokers are both professionals who help people buy and sell property. However, there are some key differences between them. A real estate agent is typically an individual who has completed the necessary courses and exams required by the state of Hawaii to represent buyers or sellers in a real estate transaction. Agents are employed by a real estate broker and typically cannot legally perform certain activities such as listing a property for sale or helping to negotiate a contract. A real estate broker is a professional with additional responsibilities and qualifications. Most states require brokers to have more experience than agents, and they are usually permitted to own their own businesses. In Hawaii, a real estate broker must have completed at least three years of real estate experience and additional courses before they can legally represent buyers and sellers in real estate transactions. Brokers are also allowed to list properties for sale and can offer more services such as appraisals, market analysis, and real estate consulting. To summarize, a real estate agent typically works under the direction of a broker, and has fewer qualifications and responsibilities than a broker. A real estate broker is an experienced professional who can own their own business and offer additional services including commercial transactions and real estate consulting.

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

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