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What Is a Managing Broker? Why It Matters When Selling Your Home

Expert guidance from ShopProp — helping home buyers and sellers save since 2007.

Managing broker vs. real estate agent

A real estate agent has a basic license to help buy and sell homes. A managing broker has additional education, experience, and licensing — typically requiring 2+ years of experience and additional coursework. They can supervise other agents and are held to higher accountability standards.

Why a managing broker matters for sellers

When you're selling your biggest asset, you want the most qualified person in your corner. A managing broker has the experience to handle complex negotiations, pricing strategies, and contract issues that could cost you thousands.

Not all brokerages offer managing broker access

At most traditional brokerages, the managing broker sits in a back office. You work with whichever agent you're assigned. At ShopProp, a managing broker is on every team, actively involved in your transaction.

How ShopProp's model works

ShopProp pairs every client with a team that includes a managing broker. This means expert-level oversight on pricing, negotiations, and contracts — at a flat fee of $4,495, not a percentage of your home's value.

Questions to ask your potential agent

Before hiring any agent, ask: What's your license level? How many transactions have you closed? Will a broker be involved in my transaction? If they can't answer confidently, consider ShopProp.

Ready to Save Thousands?

ShopProp's flat $4,495 fee saves you more than any percentage-based agent. Managing broker on every team.

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