What is the primary function of a real estate brokerage?

The primary function of a real estate brokerage is to facilitate transactions between buyers and sellers or tenants and landlords. This involves acting as an intermediary in real estate transactions, helping buyers and sellers navigate the complexities of property transfers. The brokerage assists in various aspects of the transaction process, including marketing properties, negotiating offers, and ensuring compliance with legal requirements.

This role is essential because it helps both parties reach an agreement on property sales or rentals, providing valuable expertise in market conditions, pricing strategies, and legal documentation. The brokerage's experience in managing the subsequent steps of the transaction ensures a smoother process for all parties involved, ultimately leading to successful closings and satisfied clients.