What is the role of a real estate broker?

The role of a real estate broker primarily involves facilitating real estate transactions for clients. This includes acting as an intermediary between buyers and sellers, helping to negotiate terms, and ensuring that all necessary paperwork is completed accurately and filed appropriately. Brokers possess specialized knowledge of the real estate market, laws, and practices, which allows them to guide their clients through the buying or selling process effectively. They are responsible for representing their client's interests, providing market analysis, and helping to navigate the complexities of property transactions—from initial listing to closing.

In contrast, while managing rental properties, conducting property appraisals, and overseeing property inspections are important tasks associated with the real estate industry, they typically fall under the purview of property managers, appraisers, and home inspectors, respectively. These roles focus on specific aspects of property management and valuation rather than the broader scope of facilitating transactions that a broker handles.