Definition: A real estate agent is an individual who is licensed to negotiate and arrange real estate sales. Negotiate and arrange: can include showing property, listing property, creating contracts, listing agreements, and purchase contracts. Real estate agents generally are licensed to operate under the supervision of a real estate broker.
To make it clear early in this article, real estate laws and agent duties and licensing are regulated by state laws.
So, any information here can and likely will vary based on the state where the agent is licensed.