what does a real estate broker do
Best answer
A real estate broker is a licensed real estate professional in their own right in addition to being a licensed real estate agent. A real estate broker holds expertise that canhelp people with real estate transactions, and like an agent, a broker can also assist with selling or buying real property.
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What is a real estate broker?
What Is A Real Estate Broker? A real estate broker is a licensed real estate professional in their own right in addition to being a licensed real estate agent. A real estate broker holds expertise that can help people with real estate transactions, and like an agent, a broker can also assist with selling or buying real property.
What do buyers and sellers look for in a broker?
For most home buyers, the broker isn the one maintaining the sales relationship. Typically, buyers and sellers look for a real estate agent, build that relationship, and then use whichever broker holds the license of their chosen real estate professional.
Is it 渢he broker or the broker?
As a quick reference, they檒l say 渢he broker?(or agents will use 渕y broker? for ease. But a real estate broker isn always a brokerage firm, and for non-real estate professionals, it can get confusing ?fast.
What are the responsibilities of a designated broker?
Legally, the designated broker bears responsibility for the transactions of any agents who work under them. Some brokers own the real estate agency where they work. These brokers are often known as broker-owners. While they may still have their own clients and facilitate transactions, they are also responsible for keeping the company running.