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Under the real estate law, a real estate salesperson works for a broker as an: agent
In the US, there are two main categories of licensed professionals that can sell houses, lots, and other forms of real estate. Brokers in real estate are the owners of their own brokerages. Real estate agents are required to work with real estate brokers rather than being able to operate their own companies.
What Distinguishes a Broker from a Real Estate Agent?
A real estate agent is a professional in the field who arranges real estate transactions on behalf of a brokerage. A broker can establish their own brokerage and hire real estate agents to work for them or they can conduct real estate transactions independently
What is required under the CA Agency Disclosure Law for the terms in this collection (53)?
Real estate agents are required by California's real estate agency disclosure statute to inform both the buyer and the seller of the parties they are representing.
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