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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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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

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Math and empathy: Changing negative perceptions about real estate agents

Housing Wire

In my circle, I hear this often about real estate agents as well (“They hardly do anything and get 6%!”). In a later article, I will devote pages and vent my spleen at those who thus insult teachers and farmers, but here I will do so in favor of the much maligned real estate agent. Is this fair?

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Housing Rights Initiative files massive discrimination case in Illinois

Housing Wire

The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. The group claims that this is the largest housing discrimination case in Illinois history.

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How to become a real estate broker & launch a brokerage — Advice from a KW mega broker

Housing Wire

Obtain a real estate broker license Your new chapter begins with ensuring you meet all legal requirements to operate as a broker. Educational prerequisites Most states mandate completing 60 to 150 hours of real estate coursework to become a broker. This includes legal, tax, and state requirements.

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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

Fleet Homes Real Estate Team – Keller Williams Real estate teams are comprised of real estate agents and other professionals working together towards one common goal to close deals. Joining a team may not be as beneficial for experienced agents who bring their book of business.

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Are AI real estate agents the future for homebuyers? These firms think so

Housing Wire

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.