Real estate broker

{
  "id": "MLC-T-LAW-004118",
  "term": "Real estate broker",
  "field": "Law",
  "definition": "A state-licensed individual or firm that acts as an intermediary between sellers and buyers of real property and receives a commission for these services. Brokers have completed additional education and licensing requirements beyond those for a real estate agent, which allows them to operate their own brokerage and employ other agents. A broker's duties include negotiating prices, arranging for title searches, and handling the paperwork for closing a transaction.",
  "url": "https://mlchart.com/terminology/law/real-estate-broker/"
}