Most states require real estate sales professionals
to be licensed by the state, so that they can control education and
experience requirements and have a central authority to resolve consumer
problems.
The terminology used to identify real estate
professionals varies a little from state to state. Brokers are
generally required to have more education and experience than real
estate salespersons or agents.
The person you normally deal with is a real estate
agent or salesperson. The salesperson is licensed by the state, but
must work for a broker. All listings are placed in the broker's name,
not the salesperson's.
A broker can deal directly with home buyers and
sellers, or can have a staff of salespersons or agents working for him
or her.