What is the major difference between the real estate business in general and a real estate brokerage?

Please see the answer below

Explanation:

The real estate business consists of production, marketing, and financing of real property; A real estate business is a business entity that deals with the buying, selling, management or investment of real estate properties.

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A real state  brokerage is directed primarily toward the sale, exchange, lease, rental, and financing for compensation. A broker may work for a commercial or residential seller and/or buyer. The duties vary, depending on the type of broker you are. Most brokers are both sellers’ and buyers’ agents. When another agent or broker sells a property from a different broker or agent, the two agencies split the commission.

Some brokers may be agents. They represent both the buyer and seller, although in some states, dual agency is not legal.

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