What does a real estate broker primarily do?

A real estate broker primarily facilitates sales and client transactions by acting as an intermediary between buyers and sellers. This involves a variety of responsibilities, such as listing properties, marketing them effectively, negotiating prices and terms on behalf of clients, and guiding clients through the complex process of buying or selling real estate. The broker's expertise in the local market, understanding of legal requirements, and ability to communicate effectively with both parties are essential in ensuring successful transactions.

While managing property and conducting appraisals are important aspects of the real estate industry, these tasks do not encompass the primary role of a broker. Brokers may engage in property management or appraisal as part of their services but their core function is to facilitate transactions, ensuring that all parties involved achieve their desired outcomes in the buying or selling process. Additionally, investing directly in real estate properties falls outside the scope of a broker's primary duties, as their focus is more on the transaction rather than ownership.