What does Seller Broker mean?

A seller broker is a real estate agent who represents the seller in a real estate transaction. The seller broker's job is to help the seller set a fair price for their property, market the property, and negotiate the sale with potential buyers. The seller broker typically receives a commission, which is a percentage of the sale price, for their services.

Related Terms

Firm Commitment POF proof of fund Amortization Tables Fee Simple Estimated Total Costs of Renting Original Principal Balance Triple Net (NNN) Blanket Insurance Policy Recorder ALTA Capital Expenditure Turnkey Escrow Agent Capitalization Bilateral Contract Initial Interest Rate Notice of Default Executor