| Aspect | Real Estate Agent | Real Estate Broker |
|---|
| Credentials | Requires a state license, usually after passing a licensing exam | Requires a license plus additional education and experience, often a broker's license |
| Work Environment | Works under a broker, assisting clients in buying or selling property | Can work independently or own a brokerage, overseeing agents |
| Industry Usage | Commonly employed by brokerages, involved in transactions | Licensed to operate independently, manage agents, and handle complex deals |
In summary, a real estate agent is licensed to assist clients in property transactions under a broker, while a real estate broker has additional qualifications to operate independently or manage a brokerage. The main difference lies in licensing requirements and the ability to work independently.