What Is Real Estate Broker?
A licensed professional who may independently conduct real estate transactions, own a brokerage, and employ salespersons. Brokers hold greater responsibility and licensing requirements than salespersons.
Real Estate Broker across 2 exams
Real Estate Broker appears on the following exams. Each defines it in the context candidates are tested on:
- CA Salesperson
- A licensed professional who may independently conduct real estate transactions, own a brokerage, and employ salespersons. Brokers hold greater responsibility and licensing requirements than salespersons.
- CA Broker
- A licensee authorized to independently operate a real estate business, employ salespersons, and handle transactions on behalf of others for compensation.