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Real Estate Glossary

Buyer’s broker

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Written by Luis Escobar

This is a licensee that represents just the buyer during a real estate transaction whether or not any compensation is paid by the buyer or the listing broker by means of a commission split. They are legally responsible for the actions of their agents and oversee the negotiations for a purchase. Brokers are also licensed to collect fees.

This is a licensee that represents just the buyer during a real estate transaction whether or not any compensation is paid by the buyer or the listing broker by means of a commission split. They are legally responsible for the actions of their agents and oversee the negotiations for a purchase. Brokers are also licensed to collect fees.

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Luis Escobar

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