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

The difference between a general contractor and a real estate broker in Virginia is significant. A general contractor is someone who is hired to construct or remodel a building, typically for commercial purposes. This could involve new construction, additions, or renovations. A real estate broker is a professional who assists in the sale and leasing of commercial real estate. A general contractor focuses on the physical construction of the building and is responsible for obtaining all necessary permits and licenses, hiring subcontractors, and managing the budget and timeline for a project. They may also handle other facets of a construction project, such as executing contracts and requesting inspections. A real estate broker, on the other hand, plays a more administrative role. They handle the sale and leasing of commercial property, connecting buyers and sellers or landlords and tenants. They also research the local real estate market, help buyers or tenants negotiate lease or purchase agreements, and ensure that all legal requirements are met throughout the process. In conclusion, a general contractor is responsible for the actual construction of a building while a real estate broker assists with the sale and leasing of commercial real estate.

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

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