In some states, every real estate professional is licensed as a broker, such as in Colorado and New Mexico. Agent's Equity helps eliminate the valleys. A broker generally has more training and subject-matter education than an agent, but not always. 10 Benefits of Using a Real Estate Agent to Buy a Home. Or maybe the lender is causing a problem by not meeting the timeline on financing. If you’re interested in going into real estate, we’ve put together a list of the pros and cons of becoming a real estate agent. Most real estate agents can set a price on a home the minute they walk through the door. Tenant brokers will review your lease – They are familiar with the key lease clauses and will explain them to ensure that you understand the impact of the lease clauses and that nothing is overlooked. A real estate agent knows to watch for trouble before it's too late.. For example, the title of the house may not be clear -- some long-lost relative might be listed on the title who hasn't signed off on the sale. Remember, one of the best things about being a real estate agent is that you don’t have to be accountable to anyone. From being your own boss to growing a lifelong business, there are so many reasons to choose a real estate career. Many real estate investors ask whether it’s worth the time and money to get a real estate license. Receiving the benefits of a real estate license takes more than simply wanting to get licensed. There are several advantages of getting a license for real estate investment. Shawn Kunkler, Real Estate Agent, Paragon Real Estate Group One of the greatest benefits of having real estate in one’s investment portfolio is for mitigating risk. Then being a real estate agent is NOT the job for you. That is probably why many real estate agents work for a year or two under the direction of a broker and then a change the course of their career by asking how to become a real estate broker … Higher offers come in when you list with an agent. An increasing number of real estate agents have decided to take more control of their careers by obtaining a real estate broker's license. This infographic can be reposted or used free of charge as long as you include an active link back to this page. Real estate brokers have more experience, undergo more training, and make more money than real estate agents. They also make sure that all aspects of the buying process is handled in a professional manner. You’re responsible for the biggest transaction of someone’s life, so there is a lot of pressure not to screw up. If you're looking for something specific, a real estate agent is the person whose job it is to know if there's a house out there to fit your needs, and he or she will hold your hand through the deal to boot. Another benefit of being a real estate agent is the opportunity to earn up to $9,000 commission if you are able to sell the property without involving another agent. I’m glad that you talked about how real estate agents can benefit from working under a broker, and how it gives them an “in” for the market by being a part of an established brand. A real estate broker can work independently or hire real estate salespersons to work under them. It's also really quite easy to recruit new real estate agents. Real estate is a career with significant rewards and as many challenges. However, even if you are licensed as an independent broker, you must attain another higher-level license if you want to hire agents or other brokers to work under you. Finding the right space and negotiating the lease can take months. Many real estate investors ask whether it’s worth the time and money to get a real estate license. Advance your real estate career by earning your California real estate broker license. Becoming successful and making a sustainable income as a real estate broker or sales agent is hard work and, in most cases, requires a substantial commitment of time, effort, and even money. The benefits of using a real estate agent or realtor are many, and a good one will be worth their commission and more. Become a California Real Estate Broker. Benefits Of Getting A Real Estate Broker’s License September 1, 2017 Getting your broker’s license does not mean that you have to open your own company or hire a herd of agents to work under you. Simplify the commercial lease process – Renting commercial real estate is more complicated than leasing apartments.