What is the difference between a real estate agent, a real estate broker, and a Realtor?

An agent (also called a salesperson) is licensed to help clients buy, sell, and rent property but must work under a licensed broker. A broker holds a higher-level license that permits independent practice and firm ownership, and states typically require additional education plus experience as a sales agent, with most requiring at least 2 years. A Realtor is not a license type: it is a licensed agent or broker who belongs to the National Association of Realtors and follows its Code of Ethics.

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