Definition from Nolo’s Plain-English Law Dictionary
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller, or both) before placing too much trust in the agent's opinion.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:23 pm