Real Estate Term of the Week - Broker

A licensed professional who acts as an intermediary between buyers and sellers of real estate, such as homes, commercial properties, and land. Real estate brokers help clients buy, sell, and rent properties by providing expert advice on pricing, negotiating deals, and navigating the complex legal and financial aspects of real estate transactions.

In addition to helping clients buy and sell properties, real estate brokers may also manage properties on behalf of clients, conduct market research, advertise properties for sale or rent, and help clients secure financing for their real estate purchases.

To become a real estate broker, an individual must typically complete pre-licensing education and pass a state-administered exam. Brokers may also need to meet additional requirements, such as completing continuing education courses and maintaining a current license.🍊