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The Broker Of Record is the Broker covering the listing or buying side in a real estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.

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Q: What mean Broker of record in real estate?
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Can you use custom broker license every state?

If by this mean you mean a broker's licence in terms of real estate, then no.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


What makes a real estate broker different from a real estate agent?

Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


Can a person be a Real estate Broker and an Agent working for themselves?

Yes, a person can be a real estate broker and agent working for themselves. By acting as both, the real estate broker and agent, the fees for other corporations, agents, and commissions, are eliminating, providing more profit for the owner.

Related questions

Can you use custom broker license every state?

If by this mean you mean a broker's licence in terms of real estate, then no.


What does broker owned mean for rent?

It just means that the place that is for rent is owned by a real estate broker. They have to tell you that it is broker owned.


What does it mean for rent broker owned?

It just means that the place that is for rent is owned by a real estate broker. They have to tell you that it is broker owned.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


What does ERA mean to a real estate broker?

Its the name of a real estate company. ERA. Not sure what that actually stands for though. sorry.


What makes a real estate broker different from a real estate agent?

Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


May CA real estate brokers legally work as broker of record for multiple companies simultaneously?

yes


Real estate broker?

Real estate broker Find a Real estate broker in USA, Michellecooper Exprealty is a First-time homebuyer realtor with the best Real estate agent reviews in USA. Contact Now /michellecooper.exprealty


Can A Texas Real Estate Broker take a Net Listing?

Yes, texas real estate broker can take a net listing.


Would you capitalize 'real estate broker'?

No, the term "real estate broker" is not typically capitalized unless it is at the beginning of a sentence or part of a title.


What real estate broker sells the most real estate in the US?

Coldwell banker