Key expert differences do, nevertheless, come into play when taking a look at a realty broker vs Real estate agent. A broker is a professional who has taken extra education and has passed a special broker's licensing examination. Although broker examinations differ state to state, the coursework normally covers extensive topics such as legal issues, running brokerages, investments, construction and property management.Although there are a few types of real estate brokers, generally, you will find them managing property firms and its representatives, making sure legal compliance, and reviewing contracts. Basically, the difference in between property representative and Realtor comes down to expert accreditations. On the other hand, the difference in between broker and Real estate agent is more closely related to the functions and responsibilities handled by each specialist.