What is the role of a "real estate broker"?

The function of a real estate broker is to facilitate real estate transactions, serving as a licensed professional who acts as an intermediary between buyers and sellers. Brokers are knowledgeable about the local market and have access to tools and resources that enable them to assist clients in navigating the complexities of buying and selling properties. They play a critical role in negotiating terms, preparing contracts, and ensuring that the transaction adheres to legal regulations.

Moreover, brokers may also supervise real estate agents working under them, guiding these agents in their dealings with clients while also handling more complex transactions themselves. This emphasis on managing and facilitating real estate deals distinguishes brokers from other roles in the property sector, such as appraisers, property managers, or legal advisors, who provide different, though important, services in the wider field of real estate.