What Do You Call a Person Who Sells Houses? Real Estate Agent, Realtor, Broker Explained

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Oct, 10 2025

Real Estate Professional Role Identifier

Select the best matching role based on the responsibilities described below.

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Real Estate Agent

Licensed to facilitate property sales under supervision

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Realtor

Agent who follows NAR Code of Ethics

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Real Estate Broker

Independent operator with advanced license

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Listing Agent

Represents seller in property sale

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Buying Agent

Represents buyer in property purchase

Suggested Role:

Role Details:

When you hear someone say they’re looking to buy or sell a home, the professional who steps in is most often called a real estate agent. But the world of property sales is peppered with other titles-realtor, broker, listing agent, buying agent-each with its own nuance. This guide untangles the jargon, shows how the roles differ, and helps you pick the right term whether you’re a consumer, a career‑seeker, or just curious.

Key Takeaways

  • "Real estate agent" is the umbrella term for anyone licensed to sell or buy homes.
  • "Realtor" is a trademarked membership brand that requires adherence to a code of ethics.
  • A "real estate broker" holds a higher‑level license and can run their own firm.
  • Listing agents focus on sellers; buying agents represent purchasers.
  • Commission, licensing, and daily tasks vary by title, so choose the role that fits your goals.

Core Terminology

Real Estate Agent is a licensed professional who facilitates the sale or purchase of residential properties on behalf of clients. In most U.S. states, agents must complete a pre‑licensing course, pass a state exam, and work under a licensed broker.

Realtor refers specifically to members of the National Association of Realtors (NAR). Realtors pledge to follow the organization's Code of Ethics, which adds an extra layer of consumer protection beyond the basic licensing requirements.

Real Estate Broker is a professional who has earned a broker’s license-typically after gaining experience as an agent. Brokers can operate independently, own a brokerage, and hire other agents.

Listing Agent (or seller’s agent) works primarily for the homeowner, handling tasks like pricing, staging, marketing, and negotiating offers.

Buying Agent (or buyer’s agent) represents the purchaser, searching listings, arranging showings, and safeguarding the buyer’s interests during negotiations.

Watercolor scene of an agent, a Realtor, and a broker each engaged in their duties.

Licensing, Credentials, and the Commission Model

Real Estate License is issued by the state after completing required education and passing an exam. The license permits the holder to act as an agent under a broker’s supervision.

Commission is the primary compensation structure in residential sales. Agents typically earn 2‑3% of the final sale price, which is split between the listing and buying sides and then further divided with their broker.

The Multiple Listing Service (MLS) is a private database that licensed agents use to share property details. Access to MLS is a key benefit of being a certified agent or realtor.

How to Become a Licensed Property‑Sales Professional

  1. Research your state’s pre‑licensing requirements (typically 60‑90 hours of coursework).
  2. Enroll in an accredited real‑estate school-online or in‑person options abound.
  3. Pass the state exam with a score of at least 70%.
  4. Join a brokerage as a new agent; most states mandate that agents work under a broker for the first few years.
  5. Optional: Join the National Association of Realtors to earn the Realtor designation and access additional training.
  6. Continuing education: most states require 12‑18 credit hours every renewal cycle to keep your license active.

Salary, Earnings, and Career Growth

Because pay is commission‑based, earnings can swing wildly. According to the National Association of Realtors, the median gross income for agents in 2024 was around $60,000, but top performers in hot markets like Los Angeles easily surpass $200,000 annually. Brokers generally earn higher percentages on the agents’ commissions, and many supplement income by offering property management or loan‑originating services.

Broker standing on a rooftop at sunset, overlooking a city filled with various houses.

Comparing the Most Common Titles

Key Differences Between Real Estate Roles
Title License Level Typical Duties Can Operate Independently? Code of Ethics Requirement
Real Estate Agent State Agent License List homes, show properties, negotiate offers No (must work under a broker) No (unless also a Realtor)
Realtor State Agent License + NAR membership All agent duties + adherence to NAR ethics No (still under a broker) Yes (NAR Code of Ethics)
Real Estate Broker Broker License (often requires 2-3 years as an agent) Run a brokerage, mentor agents, handle complex transactions Yes Optional (depends on Realtor status)
Listing Agent Agent license (or broker) Market and sell a specific property for the owner No No
Buying Agent Agent license (or broker) Find and negotiate purchases for buyers No No

Common Misconceptions

Many people think “real estate agent” and “realtor” are interchangeable. In reality, every Realtor is an agent, but not every agent is a Realtor. The distinction matters because the Realtor label guarantees a minimum ethical standard set by NAR.

Another myth is that agents own the houses they sell. Agents act as intermediaries; they earn commission only when a transaction closes. The property remains the seller’s until the deed transfers.

Finally, some consumers assume the highest‑paid title-broker-means better service. While brokers have broader authority, a well‑experienced agent or Realtor often provides more personalized attention, especially in local markets.

Frequently Asked Questions

What is the difference between a real estate agent and a broker?

A real estate agent works under a broker’s supervision and cannot operate a brokerage independently. A broker has completed additional education, passed a higher‑level exam, and can own a firm, hire agents, and manage escrow funds.

Do I have to hire a Realtor to buy a house?

No. You can work with any licensed real‑estate agent. Choosing a Realtor adds the benefit of their commitment to NAR’s Code of Ethics, which emphasizes honesty, disclosure, and client advocacy.

How much commission does a listing agent earn?

Commission rates vary by market, but the typical total commission is 5‑6% of the sale price, split 50/50 between the listing and buying sides. The listing agent then shares its portion with their broker, often 60/40 or 70/30.

Can a real estate agent help me rent an apartment?

Yes. Many agents operate in both sales and rental markets. They have access to MLS listings, can negotiate lease terms, and often charge a one‑month rent fee instead of a percentage commission.

Is a real estate license required to sell my own home?

No. Homeowners can list and sell their property “For Sale By Owner” (FSBO) without a license. However, they miss out on MLS exposure, professional negotiation, and legal safeguards an agent provides.

Whether you call them a real estate agent, a Realtor, or a broker, the person who sells houses is a licensed professional trained to navigate contracts, market trends, and negotiations. Knowing the exact title helps you set expectations, ask the right questions, and choose a partner who matches your needs.