What is the difference between a "real estate agent" and a "real estate broker"?

What is the difference between a "real estate agent" and a "real estate broker"?

John Caliendo (Realtor) gives expert video advice on: What is the difference between a "real estate agent" and a "real estate broker"?; Do I need a realtor in order to buy a house?; How does a realtor get paid? and more...

Great question, get it all the time. Very simply, the biggest difference is if you want to open your own real estate company, you have to have a broker's license. Other than that, that's the huge difference.