What is considered a "broker" in New Hampshire real estate?

In New Hampshire real estate, a broker is defined as an individual who is licensed to conduct real estate transactions on behalf of others. This encompasses a wide range of responsibilities, including representing buyers and sellers in real estate dealings, managing contracts, and ensuring that transactions comply with state laws and regulations. The broker acts as an intermediary, taking on the fiduciary responsibility for their clients, which emphasizes the trust and professional conduct required in the role.

While selling homes is a part of a broker's duties, not all individuals who sell homes are brokers; they may be real estate agents who operate under a broker's license. Similarly, managing rental properties and appraising property values are specialized tasks that may be performed by individuals with different licenses or qualifications, but these do not encompass the full scope or legal definition of what a broker is in the realm of real estate. Therefore, being licensed to conduct transactions on behalf of clients is the defining characteristic of a broker in New Hampshire.