Many people unfamiliar with the real estate industry use the terms real estate agent, broker and realtor interchangeably. There are differences among the three titles, however, the most important being the services each real estate professional offers to those in need of real estate services.
A real estate agent is a real estate professional who has taken and passed all required real estate classes and passed the real estate licensing exam in the state in which he or she intends to work. It is the most encompassing of the titles since it is the starting point for most real estate professionals. Agents are also referred to as real estate associates.