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A real estate agent is an individual who acts as a middleman between a buyer and seller of real estate. A real estate agent will typically handle the negotiation and closing of a sale, will advertise the property for sale, and will represent the buyer in the transaction.
In contrast, a CPA is an individual who is licensed to practice public accounting by the State Board of Accountancy. The CPA is responsible for performing audits on financial statements and providing tax advice to clients. An individual may be licensed as both a CPA and an agent at the same time if he or she obtains special permission from the state board.
Real Estate Agents is Different With CPA
While both occupations require extensive training, there are several differences between real estate agents and CPAs that are relevant to this discussion. One such difference is that most states require agents to be licensed while only some states require CPAs to be licensed.
This difference may be important when considering whether it would be better for an agent or CPA to handle your transaction; however, other differences may also affect your decision making process when deciding which profession to use as your representative in buying or selling real estate. This article will address some of these differences so that you can make an informed decision when choosing which profession to use as your real estate agent.
Real estate agents are required to be licensed by their state in order to act as a real estate agent. However, some states do not require real estate agents to be licensed at all. For example, California requires that anyone who is paid to act as a real estate agent must be licensed by the state.
However, Colorado does not require that any individual who is paid to act as a real estate agent be licensed by the state. Colorado requires that anyone who acts as a real estate agent must only have an existing sales license in order to represent the buyer or seller of real property.
You Need to Register
If you are an individual interested in becoming a real estate agent in Colorado, you will need to meet with the State Board of Accountancy and request that they issue you an “individual” sales license. This is different from obtaining a broker’s license which allows you to conduct business as an agent for both buyers and sellers of real property.
A real estate agent is a person who manages the selling and purchasing of real estate. The agent usually is employed by a real estate company or an individual to help them find and purchase a property. Agents are hired to help people buy, sell, rent, or refinance property.
A person who acts as an agent for the purpose of earning a commission for each transaction does not have to be licensed as a real estate agent in every state in which they work. Real estate agents can often be found in high-traffic areas such as shopping malls, malls, strip centers, office buildings, office parks, apartment complexes and large hotels.