Can you be both a real estate agent and a real estate broker?

Question

Both aspects are interesting to me and I understand you would have to be completely open to the agents and clients you are working with but can you pursue both careers at the same time?

Bruce Lynn · Answer

Can be the same job description, with potentially a higher level of expertise and knowledge. I am a broker for example...and mainly help buyers and sellers of real estate. In my office of about 200 agents, about 7 of us are brokers and one is the responsible broker for the brokerage. The rest of us use broker associate as our titles.

Can also be different. A broker may run their own shop and supervisor or sponsor other agents. Some brokers only manage, lead, and sponsor other agents.

Some states have different licensing laws for brokers and agents....typically more education and work experience for brokers...but ever state is different.

Hope this helps.

Mohammed Rahman · Answer

What's your long term goal @Rene Francoeur? If you want to open up your own shop and brand, then being a broker is the way to go (in NYC you need 2 years min. experience as an agent before taking your broker's exam).

If you just want to make more money, creating a team is probably going to be more lucrative without all the hassle of worrying about running your own brokerage.

Bruce Woodruff · Answer

It must vary by state.

IIRC, in CA, the Broker is what you call a Managing Broker.

Brandon Vukelich · Answer

Just to clarify...A "Realtor" is just a designation that any agent/broker can have as long as they pay the dues to NAR (National Assoc of Realtors) and their office is also a member of NAR. It has nothing to do with experience levels. Every state is different when it comes to Managing Broker, Designated Broker, Responsible Broker, etc. Here in WA we are all Brokers (although I still refer to us here as agents), then you can get your Managing Broker's License after two years.

Russell Brazil · Answer

Can you be? Yes.

But they are generally different skill sets. I only know one person who is successful at both.

What most successful agents do eventually is create a team, which is much more profitable than being a broker.

Bruce Woodruff · Answer

A Broker is just a Realtor with more experience (I think you have to have 3 yrs to get brokers license) and the ability to run a Real Estate office. Here's a good read:

https://www.realtor.com/advice...

Sergey A. Petrov · Answer

The legal terminology varies from State to State but these are the same thing so just one career!

Can you be both a real estate agent and a real estate broker?

Can you be both a real estate agent and a real estate broker?

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