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A co - broker works with the listing brokerage to help sell the property. It is commonly referred as selling broker which will bring buyer and the listing broker will work seller to help complete the transaction.

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Q: What is co broker in real estate?
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Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


What is the meaning of cobroke?

to work together or share profits. In real estate a co-broke contract would be between a listing broker and selling broker.


What makes a real estate broker different from a real estate agent?

Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


What is co-broker in real estate?

In most cases, a co-broker works with the listing brokerage to help sell the property. The co-broker (or selling broker as they are commonly referred) will usually bring the buyer, and the listing broker will work the seller to help complete the transaction. The listing broker will split the commission with the co-broker for providing the buyer. This enables real estate firms to sell each other's listings, thus enabling many more transactions to take place, making it easier and faster to find buyers for properties. It also enables buyers to only be required to work with one agent at one company instead of having to find an agent at each company.

Related questions

What is the meaning of cobroke?

to work together or share profits. In real estate a co-broke contract would be between a listing broker and selling broker.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


What makes a real estate broker different from a real estate agent?

Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


Real estate broker?

Real estate broker Find a Real estate broker in USA, Michellecooper Exprealty is a First-time homebuyer realtor with the best Real estate agent reviews in USA. Contact Now /michellecooper.exprealty


Can A Texas Real Estate Broker take a Net Listing?

Yes, texas real estate broker can take a net listing.


Would you capitalize 'real estate broker'?

No, the term "real estate broker" is not typically capitalized unless it is at the beginning of a sentence or part of a title.


What real estate broker sells the most real estate in the US?

Coldwell banker


What does an estate broker do?

An Estate Broker is a person who acts as the middle man between buyers and sellers of real estate. They help with the transaction.


What is co-broker in real estate?

In most cases, a co-broker works with the listing brokerage to help sell the property. The co-broker (or selling broker as they are commonly referred) will usually bring the buyer, and the listing broker will work the seller to help complete the transaction. The listing broker will split the commission with the co-broker for providing the buyer. This enables real estate firms to sell each other's listings, thus enabling many more transactions to take place, making it easier and faster to find buyers for properties. It also enables buyers to only be required to work with one agent at one company instead of having to find an agent at each company.


What mean Broker of record in real estate?

The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.


What other field can a real estate agent pursue?

Real estate agent can be real estate broker he can open his office that should be registered.