A real estate broker operates a brokerage to assist people in transactions involving real estate. The term may refer to a business entity, or to an individual licensed to run such a business. A real estate broker is a type of real estate agent.
Typically, the real estate broker will assist sellers in selling their property by marketing the property to the public and trying to obtain a buyer for the property.
A real estate broker can also assist a buyer in purchasing a property by recommending financing options, inspections, and negotiating strategies.