Real Estate Broker or Sales Agent

5 stars based on 72 reviews

A broker is an individual person who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent —one who acts on behalf of a principal party in a deal. A broker is an independent party, whose services are used extensively in some industries.

A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property.

Brokers also can furnish market information regarding prices, products, and market conditions. Brokers may represent either the seller or the buyer but not both at the same time. An example would be a stockbrokerwho makes the sale or purchase of securities on behalf of his client. Brokers play a huge role in the sale of stocks, bonds, and other financial services.

There are advantages to using a broker. First, they know their market and have already established relations with prospective accounts. Brokers have the tools and resources to reach the largest possible base of buyers. They then screen these potential buyers for revenue that would support the potential acquisition.

An individual producer, on the other hand, especially one new in the market, probably will not have the same access to customers as a broker.

Another benefit of using a broker is cost—they might be cheaper in smaller markets, with smaller accounts, agent and broker meaning with a limited line of agent and broker meaning.

Before hiring a broker, it may be considered prudent to research the requirements relating to someone using the title. Some titles, such as real estate brokers, often have strict state requirements for using the term, while others, such as aircraft brokers, typically have no formal licensing or training requirements. The word "broker" derives from Old French broceur "small trader", of uncertain origin, but possibly from Old French brocheor meaning "wine retailer", which comes from agent and broker meaning verb brochieror "to broach a keg ".

Media related to Brokers at Wikimedia Commons. From Wikipedia, the free encyclopedia. For other uses, see Broker disambiguation. For the not-for-profit organization "the Brokerage", see The Brokerage Citylink. Stanton, and Gregory A. Management of a Sales Force. Retrieved from " https: All articles with unsourced statements Articles with unsourced statements from January Pages using div col with deprecated parameters Commons category without a link on Wikidata Wikipedia articles with Agent and broker meaning identifiers.

Views Read Edit View history. This page was last edited on 30 Marchat By using this site, you agree to the Terms of Agent and broker meaning and Privacy Policy.

Handelskammer zurich kontakt

  • How to trade ladder in binary options successfully pdf

    How to trade 60 second binary options profitable definition

  • Gambling to binary option trading

    Eurosport binare optionen strategies

Ujian broker saham fsa uk

  • Binary options xlsm 2018

    What is binary trading and forex trading

  • New trading features with tr binary options

    Www best trade dealcom

  • Meaning of how to win in binary options gambling

    Sind eurex optionen wertpapiere

Brokers for trading cryptocurrency

29 comments Car rental broker business plan philippines

Active trader pro hotkeys

Rok wdziecznosci - bylo, minelo, trwa, a pamietales podziekowac. Jedz z apetytem - iss mit Appetit. Czy szybka pozyczka na dowod przez Internet naprawde istnieje. Jestes juz za stara na nauke i zmiany w twoim zyciu.

Jak wyglada dyplom w Szkole Artystycznego Projektowania Ubioru.