What are the duties of a real estate broker?

A real estate broker in South Carolina is someone who acts as a middleman between buyers and sellers of real estate. The broker has a duty to represent both parties in a fair and honest manner and to ensure that each party’s rights are protected throughout the transaction. The primary responsibilities of a real estate broker in South Carolina include operating as a liaison for buyers and sellers, negotiating the sale price of the property, handling paperwork associated with the transaction, and ensuring all parties involved abide by applicable laws and regulations. Real estate brokers must provide clients with accurate information about properties and the real estate market, inform buyers and sellers of their rights and obligations regarding the transaction, provide advice on legal matters, and keep all parties apprised of any changes or developments during the transaction. Additionally, brokers must represent both parties, maintain confidentiality regarding the details of the transaction, and work in good faith to ensure all parties involved get the best possible outcome from the deal. Real estate brokers must be licensed throughout South Carolina in order to legally practice. To become licensed, an individual must pass a series of in-depth exams, complete a minimum number of education hours in real estate law, and commit to abiding by the governing rules of the South Carolina Real Estate Commission.

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What are the duties of a real estate broker?

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