What is a broker qualified to do in the real estate market?

A broker is qualified to train and supervise affiliates, which includes agents and other real estate professionals working under their license. This supervisory role is a significant responsibility, as it ensures that all transactions and activities conducted by affiliates adhere to legal and ethical standards. Brokers are required to ensure their team is properly educated on the complexities of real estate practices, laws, and regulations, making their guidance crucial for maintaining overall compliance and professionalism in the real estate market.

While brokers can engage in other activities, such as selling real estate, acting as legal advisors, or conducting appraisals, these are not the primary responsibilities that distinguish brokers from agents. The training and supervision of affiliates is a critical function that supports the development of effective real estate practices in the industry.