Definition: A real estate broker performs regulated real estate services for others for compensation or expected compensation and, when properly licensed and registered, may operate a brokerage.
Example
A licensed broker negotiates a property sale for an owner under a brokerage agreement.
Keep the distinction clear
A broker license differs from a sales associate license. A broker associate has broker qualifications but operates in an associate role under another employer.
Related terms
Broker Associate · Sales Associate · Real Estate Brokerage
Keep studying
Multiple Broker Licenses, Broker Associates, and Group Licenses
References: Florida Statutes 475.01: brokerage definitions
Pronunciation (US): BROH-ker (capitals show stress)
Pronunciation reference: Merriam-Webster
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