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

Real estate agents and real estate brokers are both individuals who help facilitate the buying and selling of property. However, they differ in their qualifications and the services they provide. Real estate agents typically need to be licensed by the state of Washington and may have a few years of real estate experience. They are able to list, advertise, show, and help negotiate contracts. Agents are employed by a broker and are not responsible for the entire transaction process. Real estate brokers must meet higher qualifications. In Washington, they must have a minimum of two years of real estate experience and have passed an additional exam. Brokers are responsible for overseeing all aspects of the real estate transaction. For instance, they are able to supervise agents, work as the closing agent in a transaction, provide advice, and review any contracts to make sure they follow state law. Brokers also have the authorization to conduct business independently and are typically self-employed. In summary, real estate agents are licensed professionals who are employed by brokers and are responsible for helping with certain aspects of the real estate transaction. On the other hand, real estate brokers must meet more stringent qualifications and are responsible for overseeing the entire transaction, including providing advice and advice.

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

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