What is a Broker? A broker is an independent party, whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller.
What is the Need of a Broker in a Business Agency relationships in business ownership transactions involve the representation by a business broker (on behalf of a brokerage firm) of the selling principal, whether that person is a buyer or a seller. A Broker's role primarily consists of providing a point of contact for institutional clients seeking to buy or sell financial or non financial products.
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