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7 terms

REAL ESTATE BROKERS

STUDY
PLAY
BROCKERAGE
Business of bringing people together in a real estate transaction.
BROKER acts as
a point of contact between two or more parties in the negotiation of the sale, purchase or rental of property.
Broker is defined as
a person or company licensed to buy, sell, exchange or lease real property for others and to charge a fee for these services.
BROKER may be
the agent of the buyer, or the seller, or both. a broker also may NOT be anyones agent.
BROKERS may handle
residential, commercial or industrial properties.
Salesperson
is a licensee employed by the broker or associates with a broker who conducts brokerage activities on behalf of the broker.
THE BROKER is
responsible for the salesmans acts.