A real estate broker is a licensed professional who acts as an intermediary between buyers and sellers of real estate properties. They help facilitate the process of buying, selling, or renting properties on behalf of their clients. Brokers have a higher level of training and licensure compared to real estate agents, allowing them to oversee agents and operate their own brokerage firms. They typically have a deep understanding of the local real estate market, negotiate prices, prepare legal documents, and assist in closing transactions. Brokers can represent both buyers and sellers, depending on their specific role and agreement with the clients.
In summary, a real estate broker is a knowledgeable and experienced professional who provides valuable guidance and expertise in real estate transactions.