Managing broker
The broker who supervises the agents at a brokerage and is responsible for their compliance and conduct. Every brokerage has one.
Every term like this one lights up in the step you're on.
Free to set up. No credit card.Part 1 of 4
Why a seller cares
Every agent works under a managing broker who is responsible for their conduct. If something goes wrong with your agent, the managing broker is the person to call, before the state commission.
Part 2 of 4
A simple example
Your agent has stopped returning calls for a week with an offer pending. A call to the managing broker gets a reply the same afternoon.
| The problem | Who to reach |
|---|---|
| An agent who has gone quiet | The managing broker at their firm |
| A question about a fee or a form | The managing broker, who signs off on both |
| A serious complaint | The state real estate commission, after the broker |
The managing broker is the agent's boss, and a real one.
Part 3 of 4
What people get wrong
That the agent is on their own. Their license hangs under a broker's, and the broker answers for them.
Part 4 of 4 · where to read next
Where it appears in the sale
What a definition is, and what it isn't
Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.
Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish
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