What is the difference between a general contractor and a real estate broker?

The difference between a general contractor and a real estate broker is significant when it comes to commercial real estate law in Delaware. A general contractor is someone who is in charge of a construction project and is responsible for hiring subcontractors, obtaining the necessary materials, managing the timeline and budget, and ensuring that the project is completed to the specifications of the customer. A real estate broker, on the other hand, is someone who is licensed to facilitate the purchase and sale of real estate. A real estate broker will typically assist the buyer and seller in finding a property that meets their needs, negotiating the terms of sale, and providing legal advice and assistance during the closing process. In Delaware, general contractors and real estate brokers are both regulated by the state and must adhere to certain standards and requirements in order to be licensed and legally operate in the state.

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