How Commercial Real Estate Broker is different from Real Estate Agent?
Real estate is divided into two types: commercial and residential. And the only distinction between the two is the type of property that an agent specializes in. Commercial real estate brokers are professionals who specialize in purchasing and selling commercial (business) assets. Residential real estate agents are experts in purchasing and selling residential (or "home") assets. Both types of agents must complete the same basic education and qualification requirements. However, they must complete additional training to deal in commercial or residential real estate effectively once they want to specialize. Differentiation between Commercial Broker and Real Estate Agent A career in commercial real estate differs significantly from a career in residential real estate in many ways. Here are some of them: · Commercial real estate brokers typically earn far more than residential real estate agents in annual profits. It is due to higher commissions and the fact th