i have been doing some research online and in the state of california they offer both real estate broker and real estate salespersons license. what are the main differences between the two? tia
a real estate broker can independently function and perform all the tasks involved in real estate business,yet a sales person can only function under the supervision of a real estate broker, a salesperson can only be compensated by an employing broker and can not receive no form of monetary reward except through his broker,where as brokers can be compensated by anyone and for any service. in summary, a broker can work without agents,but no agent can work without a broker.
