real estate broker

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Word: Real Estate Broker

Definition: A real estate broker is a person who helps people buy, sell, or rent properties like houses, apartments, or land. They are trained and licensed to work in this field and usually earn money through commissions from sales.

Usage Instructions:

• You can use "real estate broker" when talking about someone who assists in property transactions.
• In conversations about buying or selling a home, you might say, "I need to find a good real estate broker."

Example:

• "We hired a real estate broker to help us find our new house."

Advanced Usage:

• A real estate broker may also provide advice on property prices, market trends, and legal requirements related to buying or selling property.

Word Variants:

• Real Estate Agent: Often used interchangeably with "real estate broker," but in some places, a broker has more training and can manage other agents.
• Realtor: This term refers to a real estate agent who is a member of a professional organization called the National Association of Realtors.

Different Meanings:

• In some regions, "broker" can refer to someone who facilitates transactions in other fields, like stocks or insurance. However, in this context, it specifically relates to real estate.

Synonyms:

• Real estate agent
• Property agent
• Land agent (especially in England)

Idioms:

• "Location, location, location": This phrase emphasizes the importance of a property's location when buying or selling real estate.

Phrasal Verbs:

• "Cash in on": To take advantage of a situation for profit.

Academic

Noun

1. a person who is authorized to act as an agent for the sale of land
   • in England they call a real estate agent a land agent

Synonyms

• real estate agent
• estate agent
• land agent
• house agent