What is the primary role of a real estate broker?

The primary role of a real estate broker is to facilitate the buying and selling of properties. This involves acting as a liaison between buyers and sellers, helping clients navigate the complex process of real estate transactions. Brokers possess market knowledge and negotiation skills that are essential for achieving favorable outcomes for their clients. They assist in pricing properties, conducting market analyses, marketing listings, and guiding clients through closing processes.

Although other roles, such as managing tenant relationships or evaluating property values, can be part of real estate activities, they do not encompass the core responsibilities of a broker. Property maintenance is typically managed by property managers or owners themselves, rather than brokers, which further clarifies the broker’s primary focus on transactions. Thus, facilitating the buying and selling of properties encompasses the essence of what a broker does in the real estate market.