A real estate broker is someone who has taken education beyond the agent level as required by state laws and passed a broker's license exam. Similar to real ...
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What is the highest a REALTOR can make?
The Bottom Line
The average salary for a California real estate agent is around $93,163 annually.
The highest earners can make over $100k per year.
The California realtor commission typically averages 5.14%
The total commission is split between the buyer's agent and the seller's agent.
Is a real estate agent the same thing as a REALTOR?
REALTORS® are real estate agents who have joined a membership known as the National Association of REALTORS® (NAR). The NAR provides agents with tools and resources to grow their businesses. So all REALTORS® are real estate agents, but not all real estate agents are REALTORS®.
What's the difference between a broker and a real estate agent?
To put it briefly: A real estate agent is licensed to help people buy and sell real estate and is paid a commission when a deal is completed. The agent may represent either the buyer or the seller. A real estate broker does the same job as an agent but is licensed to work independently and may employ agents.
What is a dual agent?
Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as a dual agent in California only if the buyer and seller are both aware of and consent to the dual agency.
Dec 28, 2023 · Even though many would say that the terms “REALTOR®” and “real estate agent” are interchangeable – just as Kleenex® and facial tissue – REALTORS ...
Real estate agents, brokers, and realtors are often considered the same. In reality, these positions have somewhat different responsibilities.
Nov 23, 2022 · The terms “Realtor” and “real estate agent” aren't exactly interchangeable. Find out the key difference between the two in this blog.
Oct 11, 2022 · Yes. Although both real estate agents and Realtors are licensed to sell real estate, each title refers to a specific type of real estate ...
A real estate agent is a professional who assists in buying and selling properties and has obtained a real estate license to do so. Real estate agents can work ...
A real estate agent license is the state-issued license that allows the license holder to legally assist the general public in buying and selling real estate.
May 1, 2023 · “Real estate agent” and “Realtor” are two terms that often get used interchangeably as if they're one and the same.
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Real Estate Agent Vs. Realtor Vs. Broker: What's the Difference?
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A broker is a higher-up at a real estate company and real estate agents work for them. Brokers require additional licensing, which varies depending on the state ...
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