Realtor vs Broker vs Agent: Clearly Explained

If you’ve ever started researching how to buy or sell a home or even considered a real estate career you’ve probably run into confusing titles like Realtor, Broker, Agent.

Are they the same thing? Do they all sell homes? And what exactly is the difference between a Realtor vs Broker vs Agent?

In this guide, I’ll break down these roles in plain English, compare their responsibilities, and even explain what it takes to become one in Illinois, so you can finally understand which path or profession is right for you.

Who Is a Real Estate Agent?

A real estate agent is the entry point into the real estate world.

• Definition: A real estate agent is a licensed professional who helps people buy, sell, or rent properties.
• Requirements: Agents must complete pre‑licensing courses and pass a state exam to legally represent clients.
• Role: Agents work under a broker’s supervision and cannot operate independently.

What it takes to become a Real Estate Agent in Illinois:

• Complete 75 hours of pre‑licensing education (including a 60‑hour course + 15‑hour interactive course).
• Pass the Illinois real estate licensing exam.
• Activate your license under a sponsoring broker.

Quick Insight: Real estate agents are the hands‑on professionals you’ll meet during showings, open houses, and contract negotiations.

Who Is a Real Estate Broker?

A real estate broker is like the “next level” above an agent.

• Definition: A broker has completed additional education and licensing requirements beyond an agent.
• Role: Brokers can work independently, manage agents, or own a brokerage firm. They oversee transactions, ensure legal compliance, and often mentor agents.
• Earning Potential: Brokers usually earn more, especially if they manage a team or own their own firm.

What it takes to become a Broker in Illinois?

• Hold an active real estate license for at least two years.
• Complete 165 hours of approved broker pre‑license education.
• Pass the Illinois broker licensing exam.

What Is a Realtor?

Here’s where it gets tricky: Not all agents or brokers are Realtors.

• Definition: A Realtor is a licensed agent or broker who is a member of the National Association of Realtors (NAR).
• Code of Ethics: Realtors agree to follow strict professional and ethical standards.
• Branding: The term “Realtor” is a trademark, meaning only NAR members can legally use it.

Example:

• If you’re an Illinois broker and join NAR, you’re a Realtor.
• If you’re a licensed agent but don’t join NAR, you’re just a real estate agent.

Realtor vs Broker vs Agent: Quick Comparison

Role	License Required	Can Work Independently?	Member of NAR?	Main Responsibilities	Earning Potential
Agent	Yes	No	Optional	Assist clients, show homes, submit offers	$$
Broker	Yes (advanced)	Yes	Optional	Supervise agents, manage transactions, own brokerage	$$$$
Realtor	Agent or Broker	Depends on license	Yes	Follows NAR Code of Ethics, markets as Realtor	Varies

Which Should You Become?

If you’re thinking about a career in Illinois real estate, here’s a simple decision guide:

• Starting Out: Become a real estate agent first to learn the market and gain experience.
• Want Leadership & Independence: Upgrade to a broker license once you have experience and want to run your own business.
• Want Ethical Branding & Marketing Edge: Join NAR and become a Realtor to leverage the trust and nationwide recognition that comes with the title.

For details be sure to check out my complete guide to launching your real estate career. It covers everything you need to know from getting your license and required education to practical tips for starting your career all explained in clear, easy-to-understand language.

Conclusion

While real estate agents, brokers, and Realtors all help clients buy and sell homes, their licensing, responsibilities, and professional affiliations set them apart:

• Agent: Licensed, works under a broker.
• Broker: Advanced license, can work independently or manage agents.
• Realtor: Agent or broker who is a member of NAR and follows its Code of Ethics.

If you’re starting in Illinois, your journey will likely begin as an agent, then expand into broker or Realtor status as your career grows.

FAQ: Realtor vs Broker vs Agent

Can a broker be a Realtor?

Yes! Any licensed broker can become a Realtor by joining NAR.

Do Realtors have to be brokers?

No. Agents and brokers can both be Realtors if they are NAR members.

Is an agent always a Realtor?

No. Many agents are not NAR members and cannot legally use the “Realtor” title.