A broker is simply a person that does the negotiation between a buyer and a seller charging a certain percentage on the total amount of sale that is being transacted; commission rate. Sometimes they even serve a seller and a consumer working in different types of industries like food, insurance, real estate, clothing etc. Following are the different type of brokers that can you can choose from for a career:
An insurance broker is affiliated with different insurance companies, providing the best offers to their clients. Some say that they are different from a typical agent but they serve the same purpose as the agents; providing policies that are structured as well as advising on the right company in return receiving a certain percentage called commission. They are only specialized in one type of insurance and have to undergo training as well as obtain a legal license.
A stock broker has to purchase and sell stocks on behalf of his/her client through an account charge a certain commission rate. These stocks are called mutual funds and bonds. You can find out more details on www.stockbrokerpro.com.
Real Estate Broker
A real estate broker is a person who helps the buyers and sellers purchase and sell their properties respectively. They can only advice their clients; they do not hold any right to sell the client’s property. Before becoming a real estate broker, one has to undergo 90 hour training and obtain legal licenses.
High End Broker
A high end broker is basically a person who researches and studies the conditions of the economy. They usually have a team of educated economist that has full knowledge about the trend of the market enabling them to advise their clients on the best time to invest their money into the market.