Real Estate Agent vs. Mortgage Broker: What’s the Difference?

Real estate agents assist buyers and sellers in transactions involving properties, while mortgage brokers help clients secure financing for those purchases. Agents focus on property showings, negotiations, and market trends, requiring strong interpersonal skills and a real estate license. Mortgage brokers, on the other hand, research loan options and interest rates, needing a deep understanding of lending practices and strong math skills. Both roles demand long hours and are typically compensated through commissions based on sales or secured loans.