The highest prized benefit of owning your own business is independence. You rely on your skills and have to report to no one but yourself. This is the allure of becoming a real estate agent. Imagine, making a lot of money and working when you want to work. Very appealing to just about anyone, wouldn’t you say? Well, it is all hogwash!
An agent is an individual that serves in a trust position. In almost all cases, an agent must comply with the rule of agency as stipulated in state law. Often the law describes an agent as a ‘representative’ for business purposes.