Real estate broker

Broker Bro"ker (br[=o]"k[~e]r), n. [OE. brocour, from a word akin to broken, bruken, to use, enjoy, possess, digest, fr. AS. br[=u]can to use, enjoy; cf. Fries. broker, F. brocanteur. See {Brook}, v. t.] 1. One who transacts business for another; an agent. [1913 Webster]

2. (Law) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own. --Story. [1913 Webster]

3. A dealer in money, notes, bills of exchange, etc. [1913 Webster]

4. A dealer in secondhand goods. [Eng.] [1913 Webster]

5. A pimp or procurer. [Obs.] --Shak. [1913 Webster]

{Bill broker}, one who buys and sells notes and bills of exchange.

{Curbstone broker} or {Street broker}, an operator in stocks (not a member of the Stock Exchange) who executes orders by running from office to office, or by transactions on the street. [U.S.]

{Exchange broker}, one who buys and sells uncurrent money, and deals in exchanges relating to money.

{Insurance broker}, one who is agent in procuring insurance on vessels, or against fire.

{Pawn broker}. See {Pawnbroker}.

{Real estate broker}, one who buys and sells lands, and negotiates loans, etc., upon mortgage.

{Ship broker}, one who acts as agent in buying and selling ships, procuring freight, etc.

{Stock broker}. See {Stockbroker}. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • real estate broker — A real estate professional licensed to negotiate the purchase and sale of real estate for a commission or fee. One step up from a real estate agent, a broker has more training and can supervise agents. Category: Real Estate & Rental Property →… …   Law dictionary

  • Real estate broker — This article is about the North American practice. For other definitions and practices in other countries, see Real estate. For real property, see Real property. Realtor redirects here. For the real estate industry trade association that refers… …   Wikipedia

  • real estate broker — An intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller. Bloomberg Financial Dictionary * * * real estate broker real estate broker ➔ broker1 * * * real estate broker UK US noun [C]… …   Financial and business terms

  • real estate broker — noun a person who is authorized to act as an agent for the sale of land (Freq. 1) in England they call a real estate agent a land agent • Syn: ↑real estate agent, ↑estate agent, ↑land agent, ↑house agent • Hypernyms: ↑ …   Useful english dictionary

  • real-estate broker — realtor, real estate agent, one who creates ties between people selling their property and potential buyers for a percentage of the sale …   English contemporary dictionary

  • real-estate broker — An agent who, for a commission or brokerage fee, bargains or carries on negotiations in behalf of his principal as an intermediary between the latter and a third person in transacting business relative to the sale or purchase of real estate. 12… …   Ballentine's law dictionary

  • real estate broker's lien — A lien in support of the broker’s right to compensation by way of sharing in the purchase money. 12 Am J2d Brok §§ 242, 243 …   Ballentine's law dictionary

  • Real estate trends — is a generic term used to describe any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a… …   Wikipedia

  • Real estate economics — is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields of housing economics is narrower in scope, concentrating on… …   Wikipedia

  • Real estate investment club — Real estate investment clubs are clubs formed by individuals who want to invest specifically in real estate.Individuals have long known that it is possible to make money by investing in real estate, but very few, proportionately speaking, have… …   Wikipedia

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