What is the primary difference between an agent and abroker? A. An agent gets compensated based on

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What is the primary difference between an agent and abroker?

A. An agent gets compensated based on commission while a brokergenerally charges fees for his services

B. Brokers have long-term relationships with their customerswhile an agent's relationships are generally short-lived.

C. An agent represents a company on a permanent basis while abroker is employed temporarily.

D. An agent has much more extensive knowledge about the productshe deals with than a broker does.

E. A broker works only for a seller whereas an agent canrepresent a buyer or a seller.

Related Book For answer-question

Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Posted Date: Nov 22, 2022 09:37 AM

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What is the primary difference between an agent and abroker? A. An agent gets compensated based on

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Financial Management Core Concepts

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