Real estate broker definition

Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.
Real estate broker means a person, other than a salesperson,
Real estate broker means a broker or associate broker licensed under article 25 of the occupational code, 1980 PA 299, MCL 339.2501 to 339.2518.

Examples of Real estate broker in a sentence

  • Xxxxxx agrees and understands that Xxxxxx Xxxxx, a member of Rock Quarry Properties, LLC, has disclosed to lessee that he is a licensed Real Estate Broker and principal party in this transaction.


More Definitions of Real estate broker

Real estate broker or “broker” means any person who, for another, for a fee, commission, salary, or other consideration, or with the intention or expectation of receiving or collecting such compensation from another, engages in or offers or attempts to engage in, either directly or indirectly, by a continuing course of conduct, any of the following acts:
Real estate broker s trust account’ means a demand account in a bank or savings institution in this State held by a duly licensed South Carolina real estate broker.
Real estate broker or "real estate salesman" means an individual whether licensed or not who, on behalf of others, for a fee, commission, salary or other valuable consideration, or who with the intention or expectation of receiving or collecting the same, lists, sells, purchases, exchanges, rents or leases real estate, or the improvements thereon, including options, or who negotiates or attempts to negotiate on behalf of others such an activity; or who advertises or holds themselves out as engaged in such activities; or who negotiates or attempts to negotiate on behalf of others a loan secured by mortgage or other encumbrances upon a transfer of real estate, or who is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with a contract whereby he undertakes to promote the sale, purchase, exchange, rental or lease of real estate through its listing in a publication issued primarily for such purpose, or an individual employed by or acting on behalf of any of these.
Real estate broker means a person, other than a salesperson, who, for another and for compensation:
Real estate broker or "real estate salesman" means any individual, whether
Real estate broker means a real estate broker as defined in article twelve-A of the real property law of the state of New York.
Real estate broker or "salesperson" means a principal broker, an associate broker, or a sales agent as those terms are defined in Section 61-2f-102.