real estate broker

real estate broker definition - business

real estate broker

A person or business entity that earns commission or fee income by representing sellers and buyers in real estate transactions. Real estate brokers act as intermediaries and are licensed by the state in which they conduct business.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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