When the time comes to buy or sell a home, you’ll want to know the differences between a real estate agent and a real estate broker in Colorado Springs. Let’s review what a real estate broker is vs. what a real estate agent is, so you know which one is ideal for your home buying or selling needs.
What is a Real Estate Agent & What Do They Do?
Are real estate agents also real estate brokers? Not usually. The real estate agent passes the necessary classes to become a professional. Real estate agents can represent either the buyer or the seller of a property and are responsible for carrying offers between parties. They are used to guide clients through all of the paperwork of the house buying or selling process. The agent gets paid on a commission, usually as a percentage from the sale of the property.
What is a Real Estate Broker & What Do They Do?
What is a broker agent? The real estate broker moves beyond being a real estate agent to get a broker license. Brokers can work as independent agents, but many of them have other real estate agents working for them. The real estate broker will work with home buyers looking for a specific property, conducting negotiations, helping with paperwork, and preparing offers. The seller broker helps price the property, lists the house, shows it, and communicates with the seller about proposals. The brokers also receive a commission based on the sale price of the property.
What is a Realtor & What Do They Do?
A realtor is a real estate professional that is a member of the National Association of Realtors (NAR). These professionals must uphold a strict level of ethics. The majority of realtors are also licensed sales agents, brokers, or broker associates. There is very little difference between the real estate agent and real estate broker, but neither have enough education or training to qualify as a realtor.
What’s the Difference Between a Real Estate Agent, Real Estate Broker, and Realtor?
There are greater benefits of being a real estate broker vs. a real estate agent based on the continued education and training. The real estate agent works for someone else, usually a real estate broker. When you hire an agent, you are typically hiring an entire agency. Realtors hold themselves to a higher standard, have more education and training, plus often work harder to ensure complete satisfaction.
Real Estate Agent, Broker, or Realtor: Does it Matter Which You Choose?
If you are looking for complete transparency and honesty, you want to choose residential realtors when buying or selling a home. The realtor and real estate agent are quite similar, other than a realtor is held to a higher level of integrity and ethics. You will often find that the best realtor is willing to work harder and go the extra mile to ensure satisfaction.
Trusted & Professional Realtor for Buying & Selling Homes in Colorado
When it comes to selling or buying homes in Colorado, you can’t find a better realtor than Rene Beshear. Not only is she a highly respected and reviewed realtor in the greater Denver and Colorado Springs areas, but she has been a pillar in the local community for years. Coloradans trust her with their real estate needs, and she wants to help you next. Whether you need help with home buying, home selling, home staging, or open houses, she has the expertise you require. Contact Rene today for all of your home buying and selling needs in Colorado.