What is a broker?

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Multiple Choice

What is a broker?

Explanation:
A broker is the intermediary who arranges real estate transactions between a buyer and a seller and earns a commission when the deal closes. They don’t fund the purchase (that’s the lender), don’t file real estate documents (that’s the attorney), and don’t determine value (that’s the appraiser). In Manitoba, a broker works through a licensed brokerage, may supervise salespeople, and coordinates showings, negotiations, and the paperwork needed to close the sale, earning the commission only when the deal is executed.

A broker is the intermediary who arranges real estate transactions between a buyer and a seller and earns a commission when the deal closes. They don’t fund the purchase (that’s the lender), don’t file real estate documents (that’s the attorney), and don’t determine value (that’s the appraiser). In Manitoba, a broker works through a licensed brokerage, may supervise salespeople, and coordinates showings, negotiations, and the paperwork needed to close the sale, earning the commission only when the deal is executed.

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