Brokerage house The crucial role of a brokerage firm is to act as an intermediary, connecting buyers and sellers to facilitate a transaction. Brokerage firms can receive payment in the form of a commission (either a lump sum or a percentage of the trade amount) after the trade has been successfully completed. For example, when an order is executed to trade a stock, a buyer charges a transaction fee for the brokerage firm's efforts to close the sale. An introducing broker The real estate industry often operates in the form of a brokerage firm, as it is common for real estate agents to work with any company that is part of the business to make a sale. Role of a brokerage firm In this case, the commission is shared by the two brokerages. It can also be called a brokerage firm or brokerage firm. Run your brokerage business Brokers can work for brokerage firms or act as independent agents. In a perfect market where everyone had complete information and could respond quickly
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