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Real Estate Broker

Navigation:  Home > Real Estate Law> Real Estate Broker

 

People who market real estate, or real estate brokers, are generally subject to rigorous licensing standards established by each state. A real estate broker's primary function is to connect either the seller who is seeking to sell the property or the buyer who is seeking to purchase the property together. As an agent, a broker or salesperson has duties and obligations to the person who hired him or her. The real estate is not required to guarantee or warranty the property or any of the features of the property. If an agreement to purchase the property is made, that agreement is strictly between the seller and buyer. The broker is not a party to that agreement and makes no contractual promises about the property.

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