The terms “real estate agent” and “real estate broker” are often used interchangeably. It is easy to confuse the two terms when both an agent and a broker are licensed to sell property. The basis of both roles is the same. However, an agent and a broker in the real estate industry hold two completely different jobs.
The jargon used within the real estate industry often seems like a foreign language. But, the differences between the two positions are easy to distinguish. They differ through their specific responsibilities and educational requirements.