To the average home buyer and seller the difference between real estate brokers and salespersons may not be apparent. In practice, most clients interact with a real estate salesperson (“the agent”) who operates under a real estate Broker. In essence, a real estate salesperson must work under a real estate broker who is responsible for supervising the salesperson’s activities. If the a broker does not adequately supervise their salesperson they may be subject to disciplinary actions from the California Bureau of Real Estate.
To become a real estate broker the applicant must have two years of real estate related experience. Even members of the California State Bar (lawyers) who are exempt from the educational requirements to receive a real estate salespersons license must satisfy the two year experience requirement. The purpose of the experience requirement is to ensure that brokers who are ultimately responsible for supervising less-experienced agents have a background in real estate transactions.
To become a real estate salesperson the applicant need only complete 3 specific educational courses and pass the real estate salesperson’s license examination. As alluded to above, members of the California State Bar (attorneys) are statutorily exempt from the educational requirement and need only pass the examination.
When you contact a real estate agent you will most likely be speaking with a real estate salesperson. If you want to know more about the license of your agent you can always verify their license with the California Bureau of Real Estate.
By Adam Garcia.