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Differences Between Real Estate Agents and Brokers
Real estate agents are licensed to assist buyers and sellers and may rent properties. Brokers have education beyond agents, pass additional exams, study ethics contracts taxes and insurance, and oversee brokerage operations. Many states require at least three years as an agent before licensing as a broker, with roles including principal designated managing and associate brokers.
MENTIONED IN THIS ARTICLE
Realtor.com
Investopedia