Zoocasa Ask the PROS Featured Question:
"Is a broker cheaper than a "sales" agent?"
Featured answer:
"Nope. Under REBBA 2002, in a Real Estate transaction, the duties of a Broker and the duties of a Sales Representative are the same. As for cost, all renumeration is to be agreed upon by the seller and the agent. The differance between a Sales Representative and a Broker is actually quite simple: a Broker choses to take an additional two courses beyond the courses required to be a Sales Representative and this in turn will give/ allow them the title of Broker. The main differance between a Sales Representative and a Broker is that a Broker can be a Broker of Record and therefore run their own office and a Sales Representative can not.
So to simply answer your question - no - a Broker is no cheaper then any other Real Estate Professional; the fees are specific to that individual, not their title."
See the original post and more PRO answers to this question.
Besides not having conflicts of interest to manage, a specialist in tenant/buyer representation provides many other services exclusive to his specialty and will provide a much higher level of service and commitment than a generalist that represents both landlords and tenants. With depth of experience and expertise in specializing in representing tenants comes the wisdom to apply the knowledge, tools and resources to achieve your objectives and to serve your best interests.
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