Define: Associate Broker

Associate Broker
Associate Broker
What is the dictionary definition of Associate Broker?
Dictionary Definition of Associate Broker

Associate Broker: A licensed real estate professional who works under the supervision of a licensed broker. An associate broker has completed the required education and training to become a licensed real estate agent, and has also completed additional coursework and experience to become a broker. They may assist clients with buying, selling, or renting properties, and may also supervise other agents or brokers.

Full Definition Of Associate Broker

An associate broker is a real estate professional who has obtained a broker’s licence but works under the supervision of a designated broker. They have the authority to represent clients in real estate transactions, negotiate contracts, and provide guidance to other real estate agents. Associate brokers are responsible for ensuring that all real estate transactions comply with state and federal laws and regulations. They may also be involved in marketing properties, conducting property inspections, and assisting clients with the buying or selling process.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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