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  • See also: Real Estate Glossary

  • Broker

    (i.e. real estate broker) A person duly licensed under the laws of their state to act as an agent for another, and negotiate the purchase, sale and lease of real property. A broker has full authority to run a real estate company, whereas a real estate agent must have their license held under the auspices of a broker.

    See also:
  • Back-Up Contract
  • Balloon
  • Bankruptcy
  • Bill of Sale
  • Binder
  • Bridge Loan
  • Broker
  • Buyer
  • Buyer’s Agent
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  • See also: Real Estate Glossary

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