We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What are Real Estate Brokers?

Malcolm Tatum
Updated Jan 28, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Real estate brokers are realty professionals that are trained to function as a mediator between buyers and sellers of real estate. This essentially sets the real estate broker apart from the similar profession of the real estate agent, who is mainly concerned with achieving the sale of property. Real estate brokers will take the approach of proactively seeking to identify buyers who are looking for the type of property that a seller wishes to sell, and will work to ensure that both parties come to terms that are agreeable for everyone.

Real estate brokers are often associated with a local realtor, although there are freelance brokers that choose to focus on high profile projects outside a local geographic area. Real estate brokers normally are understood to be the salespersons for brokers, and will work closely with the broker to help cultivate rapport between buyers and sellers who appear to be a good match. However, the agent is more focused on the successful execution of the sale, while the broker tends to be more proactive in getting sellers to sign up with the agency and allow the firm to represent their best interests. As such, real estate brokers often do not receive a commission for his or her work, but rather compensation through the application of agency fees related to the services rendered.

In many countries around the world, the ability to function as a real estate broker is regulated. Often, some formal degree of training is necessary, accompanied by certification by a recognized and accredited real estate entity. Most jurisdictions have at least a few specific legal stipulations that must be observed by the broker in order to receive proper remuneration for services rendered.

However, it must be understood that everyone who engages in the task of matching a buyer to a seller is not necessarily a real estate broker. Depending on the circumstances, an attorney may be able to function in this same capacity and still receive a fee for his or her services related to the sale. In addition, buyers and sellers that choose to conduct a transaction without the use of a real estate agency may do so without either party having to be a certified real estate broker.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Malcolm Tatum
By Malcolm Tatum , Writer
Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing to become a full-time freelance writer. He has contributed articles to a variety of print and online publications, including WiseGeek, and his work has also been featured in poetry collections, devotional anthologies, and newspapers. When not writing, Malcolm enjoys collecting vinyl records, following minor league baseball, and cycling.

Discussion Comments

Malcolm Tatum

Malcolm Tatum


Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing...
Learn more
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.