What is a broker's license?

A broker's license is indeed a credential that allows a person or business to represent buyers and sellers in real estate transactions. This license indicates that the holder has met certain educational and experience requirements, and has passed a state examination focused on real estate practices and laws. Having a broker's license enables individuals to legally assist in the buying, selling, leasing, and managing of real estate properties on behalf of clients.

In the context of real estate, brokers play a crucial role as intermediaries in transactions, providing expertise and guidance to facilitate successful deals. This includes negotiating terms, marketing properties, and conducting due diligence on behalf of clients.

The other options refer to different aspects of real estate and might involve specific credentials or requirements, but they do not encapsulate the primary function of a broker's license, which is centered on representing clients in real estate transactions.