Key professional differences do, however, come into play when looking at a real estate broker vs Realtor. A broker is a specialist who has actually taken additional education and has actually passed a special broker's licensing examination. Although broker examinations vary one state to another, the coursework typically covers in-depth topics such as legal issues, running brokerages, investments, construction and property management.Although there are a couple of kinds of property brokers, normally, you will find them handling real estate firms and its representatives, ensuring legal compliance, and examining agreements. Basically, the difference in between genuine estate representative and Real estate agent comes down to expert accreditations. On the other hand, the difference in between broker and Realtor is more carefully associated to the roles and obligations handled by each specialist.