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Finance Dictionary and Glossary of Investment Terms
real estate agent
Definition 1.
A licensed salesperson working for a real estate broker. If the agent sells a house successfully, then he/she receives a portion of the sale price as a commission. In the U.S., all real estate agents have to be licensed by the state they work for.
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Definition 2.
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for a commission. Most agents work for real estate brokers or realtors.
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