The decision of becoming a real estate agent is a very good one, as it is a very lucrative business. Therefore, it is a very good move in terms of one’s career journey. But just as any other business or profession requires licensing. Therefore, an agent cannot work without obtaining a real estate license which is issued by the state.
Real Estate Agency
Real Estate Agency (Definition) and How to Start a Real Estate Agency
Considering to take your real estate agent career to the next level by starting your own real estate agent rather than working for someone else is a good idea, in the sense that it is a financial and personal rewarding move. However, there are certain things to consider before making this move.
Real Estate Brokerage – Meaning and Functions of a Real Estate Brokerage Firm
When buying or selling real estate, you will have to work with a real estate agent to guide you through the transaction process. But the agent will have to associate or work for a real estate brokerage, which you will have to sign a contract with, and it is run by a broker. A real estate broker is an agent that has completed additional training and licensing requirements. They usually hire other real estate agents to work for them or work independently on their own.