Broker-Agent relationships

A broker-agent relationship involves two parties in a business setting, typically in real estate or insurance. The broker is a licensed professional who connects buyers and sellers or clients to services. The agent works under the broker's guidance, representing clients' interests. While the broker oversees transactions and ensures compliance with regulations, the agent engages directly with clients, providing advice and facilitating deals. This relationship allows for specialized expertise while ensuring the clients receive support throughout the process. In essence, it's a partnership aimed at delivering effective service and meeting clients' needs.