A broker is a wholesaler (intermediary) who does not take ownership of the goods and whose primary function is to bring together buyers and sellers and assist them in negotiating and finalizing the transaction. He represents a neutral party in the buying and selling process, receiving remuneration in the form of a commission or fee.
Brokers are valuable to markets because they provide a high level of market expertise and information, facilitating communication between parties. They are particularly important in real estate, stocks, commodities, or large, irregular transactions. Since they do not take inventory risk, their focus is entirely on the efficient matching of supply and demand.
