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Broker

Real estate broker

From Wikipedia, the free encyclopedia.

A real estate broker is in the business of brokering real estate transactions; this is, finding sellers for those who want to buy real estate and finding buyers for those trying to sell real estate. Real estate brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms and assist buyers by helping them purchase property for the best possible price under the best terms. In many jurisdictions, particularly in the United States , a license is required to be a real estate broker. In particular, any of the following could refer to a real estate broker in America :

  • A person owning, managing, or being in charge of a real estate brokerage firm, even if the broker just works for him- or herself.
  • The real estate brokerage itself. The brokerage is the firm or business of the broker which can also called a real estate agency .
  • A licensed real estate professional who has obtained a broker's license (which entitles them to operate a real estate brokerage). By default, a real estate broker of this kind has already met the requirements of "salesperson" or "agent" licensure. A real estate broker can still be designated as such without owning a real estate brokerage.
  • Some people may refer to any licensed real estate agent as a real estate broker. A licensed real estate agent is a professional who has obtained either a real estate salesperson' s license or a real estate broker's license.

 

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AvalonBay Communities Inc., which owns and manages residential real estate, said Thursday it closed on a $330 million financing and used proceeds to pay down its revolving credit facility. [read more]

15/05/2008 18:41:00 Business Wire Linda Striefsky, a partner in Thompson Hine LLP s Real Estate practice group, has been invited to become a member of The Anglo-American Real Property Institute (AARPI). [read more]

Linda Striefsky, a partner in Thompson Hine LLP's Real Estate practice group, has been invited to become a member of The Anglo-American Real Property Institute (AARPI). Membership is by invitation only and is limited to 50 professionals from the United Kingdom and 50 from the United States. The AARPI is a nonprofit based in the United Kingdom whose membership is limited to those involved with ... [read more]

The city of Fort Lauderdale in Broward County is one of the finest locations to settle down. [read more]

Bank of Baroda has signed a memorandum of understanding (MoU) with Dubai-based real estate company Dubai Properties for financing buyers of the latter's products in the United Arab Emirates (UAE). [read more]

Dubai, May 13 : Bank of Baroda, a leading Indian public sector bank, has signed a memorandum of understanding (MoU) with Dubai-based real estate company Dubai Properties for financing buyers of the latter's products in the United Arab Emirates (UAE). [read more]

Jacksonville is a city with a lot of positive attributes and a lot potential that stacks up well against other large cities, according to three leaders of national real estate companies who participated in a panel discussion in Jacksonville hosted by the area chapter of the National Association of Industrial and Office Properties. (CLP) [read more]

First Bahrain Real Estate Development Co. (First Bahrain) - a leading regional real estate developer– today announced it had closed on an Islamic project financing facility with Kuwait Finance House - Bahrain (KFH-Bahrain) to develop a USD25 million warehousing and logistics facility. [read more]

NEW YORK CITY-"We are extremely bullish on Downtown," and "there is Downtown demand for retail" were the chief statements echoed from many key players who served as panelists at Real Estate Media's inaugural RealShare Downtown New York conference Tuesday. [read more]

The Middle East will continue to witness a surge in demand for real estate over the next three years, the UAE’s largest provider of real estate finance said at Cityscape Abu Dhabi. [read more]

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