brokerage

Brokerage refers to the fee or commission charged by a broker, a professional who acts as an intermediary to facilitate transactions between buyers and sellers. This applies across various markets, such as stocks, real estate, or insurance. The broker’s role is to connect clients with opportunities, provide expertise, and ensure the transaction proceeds smoothly. The brokerage fee compensates the broker for their services, expertise, and resources invested in helping clients make informed decisions and complete deals efficiently.