Real Estate Professional Law and Legal Definition

Real estate professional is a party who acts as an intermediary between sellers and buyers of real estate or real property. In the United States, the real estate professionals are licensed by the state governments. The real estate professional first becomes a licensed real estate agent by acquiring a real estate salesperson's/ broker’s license by qualifying the state exam on real estate law and practice. Such salespersons associated with the real estate brokers for experience. After acquiring experience in real estate sales, a salesperson can become a licensed real estate broker or principal/qualifying broker to own, manage or operate his/her business. A realtor is also a real estate professional.