What does the brokerage market offer?
Today, the provision of financial services offers a considerable number of business entities: banks, insurance companies, credit unions, pawnshops, private pension funds, stock exchanges. And all of them also provide brokerage services to individuals. Brokers are intermediaries between interested persons-customers for facilitating various forms of transactions (commercial, credit, insurance, investment etc.) Transactions are carried out by brokers on their legally registered order.
The spectrum of brokerage services is very wide and sometimes includes absolutely non-intersected spheres of economic activity: granting of credits, help in working at the financial market, customs brokerage services, purchase of real estate. The subjects of the above-mentioned activities are different. The requirements to the subjects of these activities are also different. Banks are far ahead of non-banking financial institutions in terms of asset turnover, the amount of borrowed resources, but it is non-banking financial institutions that can effectively provide loans for medium and small businesses and households.
Real estate brokerage services can be performed by a former realtor...