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Offered by Jan Hepp-Struck

It can be so confusing…Agent, Realtor®, Broker, Salesperson, Associate Broker, Managing Broker… they are all often erroneously used interchangeably. You are probably thinking “to-may-to, to-mahto” but there really is a diff erence and if you are in the market to buy or sell a home, you should know and understand the diff erence before you sign a contract with someone who will be advising you and representing your interests in a real estate negotiation.

Broker: in Colorado all licensed real estate professionals are brokers once they successfully complete a minimum number of required educational classes and pass the broker’s licensing exam.

Associate Broker: has met all of the requirements to be a licensed broker, but chooses to work under the management of a managing broker, generally as part of a large real estate company.

Managing Broker: one who has actively held their broker’s license for a minimum of two years, has successfully completed additional educational training specific to the management of a real estate brokerage company, and has passed the state exam for the Colorado Employing Broker Real Estate License. A managing broker has the added responsibility of providing training, management, and oversight of one or more real estate professionals.

Realtor®: a licensed real estate professional with a current membership in the National Association of Realtors®, who has agreed to, and must, uphold the code of ethics standards of the association.

When selecting your real estate broker, your fi rst question should be “are you a Realtor®?”

For proven expertise in establishing your home value and/or searching for a new or existing home, please call Jan at (303) 520-4340.

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Hepp Realty