Definitions for "Broker of Record"
Keywords:  accr, courtier, dit
Courtier accrédit
A broker who has been designated to handle certain insurance contracts for the policyholder. (G)
A licensed broker who has been designated by the policyholder to represent that policyholder.
A special designation given by an employer to a broker.
The individual responsible for overseeing the real estate activity of a real estate brokerage that is a corporation or partnership. The Broker of Record may directly supervise the licensed sales/management staff, or may hire office managers who are brokers or associate brokers to do so. The broker of record is ultimately responsible for the operation of the brokerage.