broker is an individual or institution ( stockbroker ) who arranges transactions between a buyer and seller for a commission when the transaction is executed. That is, it is the agent that acts as broker or intermediary 2 between a buyer and a seller, usually charging a commission and becoming a director of part of the agreement. He is also responsible for advising and advising on topics related to the business. The exercise of the broker trade normally requires a license.

In general, a broker is an independent agent widely used in some industries. The main responsibility of a broker is to bring sellers and buyers and therefore a broker is the third party facilitator between a buyer and a seller. An example could be a real estate broker that facilitates the sale of a property. Brokers can also provide considerable market information on prices, products and market conditions. A broker can represent either the seller (90% of the time) or the buyer (10%), but not both at the same time. An example could be a stockbroker, which makes the purchase or sale of securities on behalf of your client. Brokers play a very important role in the sale of stocks, bonds, and other financial services.

There are advantages to using a broker. First, they know their market and relationships with potential accounts have already been established. The brokers have the tools and resources to reach the largest possible base of buyers. Then on Screen These potential buyers of income that would support the possible acquisition. The same access to customers as a broker. Another advantage of using a broker is the cost, which can be cheaper in smaller markets, with smaller accounts, or with a limited line of products.

Before hiring a broker, it may be considered prudent to investigate the requirements relating to someone using the title. Some titles, such as Real Estate Brokers, often have strict state requirements for the use of the word, while others, such as aircraft brokers, usually do not have formal license or training needs.