A real estate broker, real estate agent or realtor is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients.
Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency, and many states require written disclosures to be signed by all parties outlining the duties and obligations.
A real estate broker is an individual with specialized expertise in the real estate industry. All real estate brokers were once licensed real estate agents -- but not all real estate agents are licensed brokers. Brokers supply the people, process, and technology for real estate agents to carry out successful transactions for their clients.
If you ask most brokers to define their role, it definitely doesn’t end at compliance. And, as with any industry, technology, the age of the customer, and market disruption has recast the role of broker in a big way.
The real estate market is back to booming in the USA, and though not quite a boom, it’s picking up in the UK too. However, people want to avoid the hassles of getting the paperwork done and legal permissions required to acquire their property so they are looking to a broker or online letting agent to facilitate.
You can broker the deals to help buyers and sellers have smooth transactions. Build a healthy pool of clients by assisting them in buying and selling commercial and residential properties. You can also build a small sales team to approach the customers more efficiently.
Do proper research on how to become a real estate broker, take up required real estate courses, pass the examination with good grades to properly facilitate your real estate career.