What is an Agency and Broker?

What is an Agency and Broker?

The meaning of the word agency; A business, firm, or organization that provides a particular service.
Often, but not always, agents work on behalf of another group, business or individual.
The broker acts as an intermediary between the parties, facilitating various commercial transactions. customer's performs purchases at will. With clients ranging from individuals to large corporations works.

What Does a Broker Do? What are their Duties and Responsibilities?
They usually work in the financial or banking sectors. The general job description is under the following headings collectable;

  • Managing the relations between the seller and the buyer,
  • To initiate trading transactions on behalf of the client,
  • Managing client investment portfolio,
  • To determine the purchasing power and risk tolerance level of the customer,
  • Analyzing the performance of trading markets and acquisitions,
  • Use the latest financial developments to understand market movements and the drivers of change. To be informed,
  • Staying loyal to customer privacy