What is the difference between a real estate agent and a broker in NY?
The world of real estate can be a complex and intricate web to navigate, especially in a bustling market like New York. When you're buying or selling a property in the Empire State, you'll likely encounter two key professionals: real estate agents and brokers . While they both play essential roles in property transactions, they have distinct responsibilities and qualifications. In this article, we'll delve into the nuances that set these two professionals apart. Real Estate Agent: The First Point of Contact A real estate agent is often the first person you interact with when you decide to buy or sell a property. They are licensed professionals who represent clients in real estate transactions. To become a real estate agent in New York, individuals must complete a 75-hour pre-licensing course, pass a state exam, and work under the supervision of a licensed broker for two years. Real estate agents are the frontliners, the ones who show you potential properties, answer y