We Buy Houses - Eastvale, California

We Buy Houses - Eastvale, California

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Broker vs Agent: A broker may work independently, whereas an agent usually works under a broker's supervision.

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Both brokers and agents must disclose their relationship with clients according to state laws.

We Buy Houses - Eastvale, California

  • Historical Licensing Changes:

    • Some states have eliminated the salesperson's license, automatically granting all licensees a broker's license.

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  • Lawyers can sometimes handle real estate transactions without being licensed as brokers if it is incidental to their legal practice.

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  • Multiple Listing Service (MLS): Before MLS was introduced in 1967, the term "real estate salesperson" was more appropriate since brokers primarily represented sellers by providing legal documentation services.



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  • Educational Requirements:

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    • Continuing education is mandatory for renewing licenses; for example, California requires 45 hours of continuing education every four years in various topics such as agency law and ethics.

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  • College graduates may apply directly for a broker's license in some states after completing required courses.

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