It is important to note that the actual
"Agent" means an individual, other than a broker-dealer, who represents a broker-dealer in effecting or attempting to effect purchases or sales of securities or represents an issuer in effecting or attempting to effect purchases or sales of the issuer's securities."
This, of course, is the individual who we usually call a registered representative. This person generally works for a broker-dealer.
Exam Tips and Tricks
Agent: Any INDIVIDUAL who acts for or represents a broker-dealer in effecting securities transactions. The term also applies to any individual who similarly represents an issuer
An agent is a salesperson who represents a broker-dealer or issuer, either selling or attempting to sell securities to the investing public. Any time that an agent is acting on the behalf of another, he or she is generally known as acting on the behalf of principals. Agents are also known as registered representatives, but can also be referred to as sales representatives. A brokerage firm cannot be an "agent" because an agent can only be a natural person.
InvestingBuying or selling a home? What you need to know about real estate agent and broker fees.
Personal FinanceDon't go it alone in the real estate market. We'll show you how to find the help you need.
RetirementBy Amy FontinelleIf you want to buy a home, you'll need to get an agent. The most basic reason to get an agent is that you won't be able to see homes without one. (To learn more, readDo You Need ...
Personal FinanceThere's no guarantee that realtors will act in your best interest, but it may be worth hiring one anyway.
Financial AdvisorWhile every day is unique for a real estate agent, there are some activities that may be a typical part of an agent's day.
Managing WealthLearn about the distinguishing characteristics a life insurance agent needs to be successful in the highly competitive life insurance industry.
InvestingHere's how real estate commissions on home sales really work. And, yes, they're negotiable.
ProfessionalsHow to tell if you'd be good in this field. It is a common second career for many people, but isn't a good match for everyone.
Personal FinanceMost real estate agents are paid a percentage of the property’s selling price, which is called a commission.
Personal FinanceBefore you start working with a real estate agent – especially if you're the one paying the agent's commission – make sure you've made the right choice.