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The broker who procures the buyer. Usually refers to the cooperating broker, although in an in-house sale one broker is sometimes both the listing broker and the selling broker. Do not confuse with the term 'seller’s broker' (the listing broker).
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This "Word of the day" is excerpted from
The Language of Real Estate, 6th Edition
by John Reilly
(published by Dearborn Real Estate Education, 2006 copyright). To
purchase the complete book, with over 2800 key terms and definitions,
or to browse through Dearborn's hundreds of other professional real estate
titles, including Real Estate Technology Guide by Klein, Barnett, Reilly,
click here.
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