What is a 'real estate brokerage'?

A 'real estate brokerage' is defined as a firm or individual that assists in the buying, selling, or leasing of real estate properties. This function encompasses various activities, including facilitating negotiations, providing market analysis, and ensuring compliance with real estate laws and regulations. Real estate brokerages typically employ licensed agents who represent buyers, sellers, or renters, serving as intermediaries in transactions to help clients achieve their real estate goals.

The other options mentioned describe different entities in the real estate industry but do not accurately capture the full role of a real estate brokerage specifically. For instance, a property management company focuses primarily on managing properties on behalf of owners rather than facilitating transactions. A legal entity offering mortgage services deals with financing aspects rather than the brokerage of properties themselves. Lastly, a government agency regulating property sales oversees compliance and enforcement in real estate transactions but does not engage in buying, selling, or leasing real estate directly.