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1. theclose.com › real-estate-terms136 Real Estate Terms and Definitions You Need to Know

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   Nov 13, 2023 · A Realtor is a real estate agent who is a dues-paying member of the National Association of Realtors. NAR members are held to a high standard of professionalism and adhere to a strict code of ethics. Refinance. If a borrower takes out a new loan on the same property, it’s called a refinance.

2. www.investopedia.com › terms › bBroker: Definition, Types, Regulation, and Examples

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   May 5, 2024 · In the real estate industry, a broker is a licensed real estate professional who typically represents the seller of a property. A broker's duties when working for a seller...

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3. www.investopedia.com › terms › sStockbroker: Definition, Types, Job Requirements, and Salaries

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   Mar 24, 2024 · Key Takeaways. A stockbroker is a financial professional who buys and sells stocks at the direction of clients. Most buy and sell orders are now made through online...

4. www.investopedia.com › ask › answersThe Differences Between a Real Estate Agent, a Broker, and a ...

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   Mar 25, 2024 · A real estate agent is licensed to help people buy and sell real estate and is paid a commission when a deal is completed. The agent may represent either the buyer or the seller. A real...

   • Author: Troy Segal

5. www.rocketmortgage.com › learn › real-estate-brokerWhat Does A Real Estate Broker Do? | Rocket Mortgage

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   Apr 21, 2024 · A broker is a real estate agent who meets advanced licensing requirements to oversee other agents. Learn what a real estate broker is and what they do.

   • Author: Lauren Bowling

6. www.investing.com › brokers › guidesWhat Is a Broker? Understanding Their Role for Successful ...

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   A broker is an entity (firm or individual) that acts as an intermediary between a trader and an exchange. They act as middlemen, and ensure that transactions run...

7. People also ask

   What is a real estate broker?

   • Despite their omnipresence, the term "real estate broker" is often misused and misunderstood. Brokers are interchangeably, and sometimes mistakenly, called: Real Estate Agents, Realtors, Listing Agents, Selling Agents, Agent Broker, and Buyers Broker.

   What Is A Real Estate Broker? Definition & FAQs

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   What is a real estate brokerage firm?

   • A real estate brokerage firm is a company owned and operated by a licensed real estate broker who represents buyers and sellers of real estate. It is often owned and operated by a principal broker, who then hires other real estate brokers and agents to work under him.

   What Is A Real Estate Broker? Definition & FAQs

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   What is the difference between a real estate agent and a broker?

   • You can explain that a broker is equivalent to a manager in the real estate world: an agent with a certain level of experience who has taken the state-mandated education and examinations to meet the requirements to become a licensed real estate broker. (Of course, some states refer to a real estate agent as a “broker.”)

   136 Real Estate Terms and Definitions You Need to Know - The Close

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   What does a stock broker do?

   • Stock brokers are the intermediaries that conduct transactions between investors and exchanges. They are required to be licensed by the Financial Industry Regulatory Authority and usually have a college degree in finance or business administration.

   Stockbroker: Definition, Types, Job Requirements, and Salaries

   www.investopedia.com/terms/s/stockbroker.asp

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8. www.realestateskills.com › blog › what-is-a-realWhat Is A Real Estate Broker? Definition & FAQs

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   A real estate broker is a state-licensed real estate professional who may transact with buyers, sellers, and renters of various types of real property. Real estate brokers are highly educated and possess in-depth knowledge of the industry. Brokers may work independently, or opt to be leaders and employ real estate salespersons to work under them.