Real Estate Brokers

A real estate broker is a party who acts as an intermediary between sellers and buyers of real estate and attempts to find sellers who wish to sell their property. All real estate agents need to be licensed by the state while those who also take additional tests become brokers who can run their own offices. A real estate broker can keep as many agents employed as they have space to fit them in since they're paid only on a 100% commission basis. Real estate agents usually are independent sales workers who provide their services to a licensed real estate broker on a contract basis. Real estate brokers have a thorough knowledge of the real estate market in their communities.