A broker is a licensed professional who acts as an intermediary between buyers and sellers in the real estate market. They help clients buy, sell, and rent properties, and are experts in the local real estate market. They are responsible for negotiating deals and providing guidance and advice to clients throughout the transaction process. They may also be involved in advertising and marketing properties, as well as managing the paperwork and legalities of a transaction.
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What does broker mean?
Related terms
Negative Amortization
Leasehold Estate
Liquidated Damages
Commingling
Homeowners' Association
Median Price
Commitment
Purchase Agreement
Level of Control On a Listing Agreement
Assignment/Subletting
Escrow Payment
Homeowners' Warranty
Federal Trade Commission
Abstract of Judgment, Law
Acceleration Clause
Estimated Tax Savings
Urban Sprawl
Grace Period
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