Every Real Estate Agent in the state of New Jersey needs to work under a licensed Real Estate Broker of Record so what is the difference between the two?
Let's break down a few of the differences together!
A Real Estate Salesperson, often referred to as a Real Estate Agent or Sales Associate, are licensed to facilitate real estate transactions! They receive payment in the form of commissions upon helping their clients secure the purchase or sale of a
home or property! Real Estate Agents work for brokerages!
Brokers on the other hand tend to have more experience and qualifications. They are also able to work as independent agents and have other agents work for them!