Quote:
Originally Posted by Mrprez
Realtor is a trade association name. It is not a legal term that defines one who sells real estate. The two legal terms are broker and agent. It is my understanding that all TV sales people are at least agents. I don't think it is possible to legally sell real estate in exchange for a commission without being an agent or a broker. An agent must work for or be associated with a broker. They cannot sell real estate by themselves.
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Correct. I think The Villages may have some sales people who are not licensed agents. They can work for a salary or an hourly wage, but their compensation cannot be based on a percentage of the sales price. Only licensed agents can receive a commission based income.