Manhattan Beach Realtor: A Guide to Real Estate Professionals

Whether you're buying or selling a home in Manhattan Beach, having professional assistance is crucial. But who should you hire? Real estate professionals come with various titles, including real estate agent, real estate broker, or Realtor®. While these titles are often used interchangeably, they have distinct differences and requirements.

 Real Estate Agent

A real estate agent is licensed to help people buy, sell, or rent housing and real estate. The licensing process involves prelicensing training, which varies by state. For example, California requires 135 hours. After completing the training, aspiring agents must pass a written licensing exam that covers federal real estate laws, general principles, and state-specific laws. Once they pass, they earn the title of "real estate agent" and can join a brokerage to start working with clients.

Broker vs. Realtor

A real estate broker has completed additional education beyond the agent level and passed a broker’s license exam. Each state has its own requirements for broker education and exams, which cover topics such as ethics, contracts, taxes, and insurance in greater depth. Brokers also learn about legal issues, real estate investments, construction, and property management.

To become a broker, an agent typically needs three years of experience. There are three types of brokers:

Principal/Designated Broker: Oversees all agents in a firm, ensures compliance with laws, and earns commission from the sales agents' transactions.

Managing Broker: Manages daily operations, hires and trains agents, and oversees administrative staff.

Associate Broker: Holds a broker’s license but works under a managing broker, typically without supervisory responsibilities. Realtor Eric Kredatus is an Associate Broker and a native who attended  the public schools in Manhattan Beach.

Realtor

To become a Realtor, a licensed agent must join the National Association of Realtors® (NAR). This membership requires adherence to the NAR's standards and code of ethics. 

Why Choose a Local Associate Broker?

Using a native Associate Broker is a great idea when navigating the Manhattan Beach real estate market. Eric Kredatus, a local, is not only an Associate Broker but also a member of the California Association of Realtors, the National Association of Realtors, and the South Bay Association of Realtors. With a 5-star rating on both Google and Yelp, Eric has earned the trust and satisfaction of his clients, many of whom are repeat clients and investors. His deep-rooted knowledge of the area and commitment to high standards make him an excellent choice for your real estate needs.

Contact Eric Today!

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