Brokerage Definition
There are some people who are not familiar with brokers and what they do. Oftentimes, they might ask for a brokerage definition so it will be clear on their mind. Simply put, a broker applies to a person or a firm that charges a certain fee or commission for properly performing a deal, whether buying or selling of a product or service, for the benefit of his clients.
People usually see a broker as the third party in many business deals. They are the ones responsible for the buyer and seller
