Managing broker
The broker who supervises the agents at a brokerage and is responsible for their compliance and conduct. Every brokerage has one.
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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
In your Room, this word explains itself where it appears.
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