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Many real estate salesperson agents who are not brokers can become Realtors. The broker license requires more hours of study and some states require a salespers
by montgomster 3y ago
Many real estate salesperson agents who are not brokers can become Realtors. The broker license requires more hours of study and some states require a salesperson to complete a certain number of hours or transaction before they can become a broker. All salespersons must hang their license with a broker so there are no salespersons wandering around if they are practicing. If they are between brokers or inactive they may not need a broker in some state. According to ARELLO [1] there are over 3 million real estate brokers and salespersons in the US. About half are Realtors. I hope this information helps.[1] https://www.arello.org/ https://www.arello.org/