We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What does an Associate Broker do?

Gerelyn Terzo
By
Updated Mar 02, 2024
Our promise to you
Practical Adult Insights is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At Practical Adult Insights, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

In real estate, an associate-level broker assists with tasks related to selling a home without having the responsibility of operating his or her own firm. This associate has passed the necessary training requirements related to the field. An associate broker can perform many of the same duties as a brokerage owner but typically does not earn the same percentage of profits from a sale as someone who owns their own real estate brokerage.

To become an associate broker, an applicant must achieve a certain level of education, including earning a high school diploma or the equivalent, and in some instances college training. Depending on the region in which a broker resides, he or she might need to take and pass a real estate course to be eligible for certification in that region before practicing as a licensed associate broker. Typically, a broker will have to be of a certain age before a license can be granted to him. The age requirement in the United States is age 21.

Once licensed, an associate broker in real estate serves as an intermediary between buyers and sellers in a buying, selling or rental transaction. He or she performs tasks for the party being represented. For instance, if brokering a purchase, there is a checklist that an associate broker must undertake. He or she must make sure a potential buyer is qualified to receive a mortgage in addition to researching and showing properties and scheduling appointments. Eventually, an associate broker will have to submit, negotiate and ideally close a deal.

When representing a seller, an associate broker must similarly follow some routine. He or she becomes responsible for marketing the property, such as placing signs in front of the building or home to advertise its availability, writing advertisements for that property and informing other brokers that the property is for sale. Open houses are conducted to display a listed property to other associate brokers and interested buyers, and eventually a sale must be negotiated.

Although the education requirements for becoming as associate broker are quite liberal with the exception of having to pass a regional certification process, there are certain skills that an associate broker must possess in order to be successful. For instance, communication is a valuable attribute since there will be ongoing contact with other people. Displaying an air of professionalism is similarly important, because real estate is among the most expensive investments that someone will make.

Practical Adult Insights is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Gerelyn Terzo
By Gerelyn Terzo , Former Writer
Gerelyn Terzo, a journalist with over 20 years of experience, brings her expertise to her writing. With a background in Mass Communication/Media Studies, she crafts compelling content for multiple publications, showcasing her deep understanding of various industries and her ability to effectively communicate complex topics to target audiences.

Discussion Comments

By anon991574 — On Jul 01, 2015

Real-estate is an expensive business to be in. Discount brokers have to cut costs somewhere. If a discount broker is offering $1,500, half his commission, to other brokers vs. 3 percent of a $150,000 house $4,500, which house do you think will be showed more often and advertised in more places?

There is a reason there are not many discount brokers versus traditional brokers. It's just not feasible.

By NathanG — On Jul 07, 2011

@Charred - What is a broker, really? It seems that a lot of recent trends have turned the definition over on its head.

The associate broker is one such example (that’s the first I’ve heard of it). Another idea is that of the discount broker. This is something that I’m quite familiar with, because it was a discount broker that sold our house.

I had been warned about going with them; friends told me that the discount broker wouldn’t market my property aggressively, or wouldn’t list it with MLS, etc.

None of it was true. I paid a flat $3,000, avoided the typical 6% commission, and saved a bundle of money. My house sold within three weeks. The fact is, all brokers, traditional, associate or discount, have access to the same database of information. It’s just a matter of how hard they’re willing to work for you.

By Charred — On Jul 06, 2011

It seems that broker associates could get benefit from some of the upside in doing a real estate business while avoiding the downside.

For example, I had always considered the possibility of entering the real estate business, but friends told me that it’s not all that it’s cracked up to be.

They said that as an independent agent you have to do a lot of your own advertising, putting up ads on billboards, bench signs, and of course in the phone book. There’s a lot of up-front investment, and of course nowadays a lot of people are doing their own searches online.

As an associate broker, you could avoid a lot of the up-front expenses and still make some extra money. It might be ideal for someone wanting to do it part-time. Even with a smaller commission it would be worth it.

Gerelyn Terzo

Gerelyn Terzo

Former Writer

Gerelyn Terzo, a journalist with over 20 years of experience, brings her expertise to her writing. With a background in...
Learn more
Practical Adult Insights, in your inbox

Our latest articles, guides, and more, delivered daily.

Practical Adult Insights, in your inbox

Our latest articles, guides, and more, delivered daily.