Real estate broker: After gaining some years of experience in real estate sales, a salesperson may decide to become licensed as a real estate broker. Commonly more course work and a broker's state exam on real estate law must be passed. Upon obtaining a broker's license, a real estate agent may continue to work for another broker in a similar capacity as before often referred to as a broker associate or associate broker or take charge of his/her own brokerage and hire other salespersons, or broker, licensees. Becoming a branch office manager may or may not require a broker's license. Some states such as New York allow licensed attorneys to become real estate brokers without taking any exam. In states, such as Colorado, there are no salespeople, as all licensees are Brokers.
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Real Estate License Sneak Preview:
Real estate licenses are those authorizations by a local or state administration given to agents and/or brokers to be able to legally represent a seller or buyer in the process of buying or selling real estate in that specific community or state.
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Preperation Cram Course Recommended!
The interactive learning process monitors your progress and provides feedback as needed to help you learn the material easily. The lessons are designed so you can work at your own pace. It is easy to use and does not require extensive prior experience with computers.