Difference between a real estate agent and a real estate broker

1
Difference between a real estate agent and a real
estate broker

• If you are looking for a career in the real
  estate domain in Singapore, you can check out
  different options. You can work either as a real
  estate agent or as a broker in order to enjoy
  good amounts as annual revenue. Both these jobs
  are not exactly the same as each other and
  require different types of skills.

2

• A real estate agent works for a broker.
  Hence, the broker is an employer and the agent is
  an employee. In order to work as an agent, you
  need to make any investments. However, in order
  to work as a broker, you need to invest a lot of
  money. You will have to set up an office with all
  modern facilities, plush interiors, and elegant
  furniture to lure clients. You will also have to
  hire real estate agents to work for you.
• .

3

• A broker might have plenty of salespersons
  working for him or her. The broker will provide
  all the necessary amenities required by the
  salespersons. In order to work as a real estate
  broker, you need to get a license issued by the
  Council for Estate Agencies in Singapore.
• The job of a real estate agent is to deal
  with clients who need to buy or sell properties.
  As a real estate agent, you will also have to
  assist clients in renting and leasing out
  properties. In order to work as a real estate
  agent in the country, completion of RES
  course which is approved by the Council for
  Estate Agencies is mandatory. To complete the
  course you need to enroll with a CEA approved RES
  course provider and acquire a course completion
  certificate.
• .

4

• Once you get the certificate, you will have
  to appear for the RES exam and clear it. Clearing
  the exam is not an easy task and you need to be
  systematic all through the course duration.
  Choosing a good RES course provider with a
  fantastic track record will make things easy for
  you.
• A real estate agent cannot work
  independently. You will have to work for a real
  estate agency in the country. You will be paid a
  monthly salary by the agency.
• .

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