Real Estate Brokerage Industry

Real estate brokerage is built on the work of real estate agents and real estate brokers, people who represent sellers or buyers of real estate or real property. Brokers may operate independently, while agents typically work under a licensed broker; both are authorized by the state to negotiate sales agreements and manage the documentation necessary to close property transactions. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/