A broker is someone who charges a price that is determined by buying and sales decisions. Word Count: 100 Keyword Density: 0% __0%.
A broker is someone who charges a price that is determined by buying and sales decisions. A person in this position would typically work with real estate or stocks. But other types of brokers exist as well. In the case of stock brokerage, the broker might use an online trading platform to purchase shares at one price on behalf of their client. And sell them at another higher price.
They receive commissions from both transactions which are built into the cost basis when clients buy stocks via a traditional account versus through a mutual fund without such fees being taken out over time. For a real estate broker, they might find a property for the client and negotiate an agreement with the seller; in some cases, this includes arranging to finance.
The term can refer to someone who works in either stocks brokerage or real estate where there’s no set fee-based cost structure but instead relies on commissions earned from every transaction made.