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What Is The Difference Between A Real Estate Broker And A Real Estate Salesperson?

A real estate broker is responsible for the supervision and conduct of the real estate brokerage business. He or she applies for and holds the license on behalf of the brokerage. This person is known as the "representative broker." A real estate salesperson works for and is supervised by the representative broker. The salesperson acts as the representative broker's agent. All listings, although perhaps negotiated by a salesperson, are accepted by the representative broker.

Other New York Real Estate FAQs

Q: Where Do I Learn More About Real Estate In: New York
A: No single agency in New York deals specifically with real estate matters. There are several agencies that can be helpful: New York State Department of State Division … More
Q: Can I Buy Land From The State Of New York?
A: If you are interested in buying land from New York State, you should contact the Office of General Services at (518)4745987. More
Q: What About Property Taxes?
A: If you have questions about property taxes, you should contact your municipal assessor. You can find the name, address and phone number of your assessor at the link … More
Q: How Do I Become A Licensed Real Estate Salesperson Or Broker In New York State?
A: To be a licensed real estate salesperson, you must complete a 45hour salesperson qualifying education course in real estate as approved by the Secretary of State … More
Q: Where Can I Learn More About Real Estate In New York?
A: No single agency in New York State deals specifically with real estate matters. You may wish to contact the Department of State's Licensing Bureau, which licenses … More