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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do? Let’s dive in!

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The ‘double-edged sword’ of dual licensing

Housing Wire

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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Australia, New Zealand-based reverse pros share insights

Housing Wire

The company also requires clients to seek out independent legal advice to ensure full comprehension of the products requirements, aiming to fulfill a similar function to the stateside counseling requirement. is marketed to real estate agents to help people buy homes, and no equivalent product exists in New Zealand or Australia, they said.

Contracts 293
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Your listing, your lead: The principle driving Home.com’s agent-friendly portal

Housing Wire

If that lead comes in, the listing agent who knows the house best can answer any questions the buyer has and, if the buyer has a buyer’s agent, the listing agent can then work with the buyer’s agent to sell the house and earn a commission. The most important asset an agent has is their reputation.

Agents 469
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What’s the fuss over Realtor-owned MLSs opening the door to all agents?

Housing Wire

In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. More choices for agents PAR refers to its non-Realtor option as MLS Choice. But controversy has been rising of late after actions by associations in Phoenix and Austin.

Realtors 345
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Most agents felt prepared for the NAR settlement changes: Stephens

Housing Wire

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey.

Agents 448
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Selling your home to a family member in 5 easy steps

Housing Wire

Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction. The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties.