What is expected from a Real Estate Broker?

A Real Estate Broker is primarily expected to arrange for the purchase and sale of real estate for a fee or commission. This role encompasses a wide range of responsibilities including marketing properties, negotiating contracts, advising clients on market conditions, and facilitating transactions. Brokers serve as intermediaries between buyers and sellers, ensuring that all legal requirements are met and that the process runs smoothly.

This comprehensive understanding of the market and transaction processes is essential for successfully navigating real estate deals, which is why this aspect of the role is emphasized. While managing rental properties, selling properties, and conducting property appraisals might be part of a broker's broader set of services, their main fiduciary duty and core competency lie in facilitating transactions and earning commissions from these activities.