Peter Drivas Now that you know what a realtor is and what is its main difference from a real estate agent, it is time to compare it with another similar actor: the real estate broker.
A broker is nothing more than a qualified, certified and licensed intermediary to handle the marketing and sale of a good.
Peter Drivas Los Angeles Although its functions include those of a realtor and those of an agent - you can even register with the NAR - the broker has a university education, postgraduate degrees and a series of certifications that leave the others on the list behind.
They are even empowered to provide legal and financial advice on each investment, and work hand in hand with agents and realtors.
Peter Drivas Property Manager - Any error of the real estate agency or the realtor directly affects the intermediary, since -through its license and service contract- it accepts the legal responsibility that is generated as a consequence of the failures that occur during the field work.