Definition

1. Noun:
   • A real estate broker is a licensed professional who acts as an intermediary in the buying, selling, or renting of properties, such as houses, land, and commercial buildings. They are authorized to represent clients, negotiate transactions, and facilitate the legal and administrative processes involved.

Usage

• A real estate broker typically has more training and licensing authority than a sales agent and can operate their own business, employing other agents.
• The term is used to specify the professional role. It is often preceded by articles (a, the) or possessive pronouns (my, their).

Examples

• Noun:
  • We hired a real estate broker to help us find a new home.
  • The real estate broker successfully negotiated the sale price between the buyer and seller.
  • To become a real estate broker, you must pass a more advanced licensing exam.

Advanced Usage

• The term can be part of formal business titles or descriptions of professional services.
  • She is the managing broker for the downtown office. (Here, "broker" is a shortened, contextually clear form of "real estate broker".)
• In some regions, like England, the equivalent professional may be called a land agent, as noted in the reference.

Variants and Related Words

• Real estate agent (noun): Often used interchangeably with "broker," though technically an agent usually works under a broker's license.
• Realtor® (noun): A trademarked term for a real estate professional who is a member of the National Association of Realtors and adheres to its code of ethics.
• Brokerage (noun): The business or office of a real estate broker.
• Land agent (noun): A term used primarily in the UK for a person who manages or sells land and estates.

Synonyms

• Property agent
• Estate agent (common in British English)

Related Phrases

• Listing broker: The broker who represents the property seller.
• Selling broker or buyer's broker: The broker who represents the property buyer.

Noun

1. a person who is authorized to act as an agent for the sale of land
   • in England they call a real estate agent a land agent