There are a few pre-requisites to obtaining a real estate brokers license. One has to have held a sales person license in any state for at least two years within the first three years of obtaining their real estate license. Having a brokers license is the next step above the regular real estate license. The brokers name is the one that is list with the property. The agent works for the broker dealing with the client or home owner or the broker can choose to handle it herself.