Real Estate Glossary

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Definitions of Real Estate Broker

  • A person or corporate entity licensed by the state to sponsor real estate salespersons. In most states, all money earned as a result of activities in real estate (sales, leasing, property management) must be paid to the broker, and the broker is ultimately responsible for the actions of their salespersons. This definition of Real Estate Broker contributed by eric-bramlett.

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Related Terms

Broker
IBL
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Real Estate