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*a broker is a person/firm who arranges ‘transactions’ between a ‘buyer’ + a ‘seller’ for a ‘commission’ when the deal is executed*
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(a ‘broker’ who also acts as a ‘seller’ or as a ‘buyer’ becomes a ‘principal party’ to the ‘deal’)
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(neither role should be confused with that of an ‘agent’ — one who acts on behalf of a ‘principal party’ in a ‘deal’)
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*SKETCHES*
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