The real estate industry is one of the most important sectors in the world. It is also one of the most complex. Real estate agents are one of the main players in this sector. There are many types of real estate agents and they are called by different names. A realtor is one who acts as a representative of the buyer or the seller. The realtor acts as a middleman between the buyer and the seller. He negotiates the deal and then helps in closing the deal. In some countries, there are realtors who act as a broker and sell properties for commission.
Realtors can be divided into two categories:
A broker is one who acts as a middleman between two parties. The broker does not buy or sell anything but acts as a go between. The broker earns h