Who is a licensed individual that facilitates the buying and selling of real estate?

The correct choice identifies a licensed individual known as a real estate broker, who plays a crucial role in the buying and selling of real estate by acting as an intermediary between buyers and sellers. A broker can operate independently or manage a team of salespersons, providing them with guidance and support. They are equipped with advanced knowledge of real estate laws, market trends, and negotiation techniques, which enables them to facilitate transactions more effectively.

In contrast, a real estate salesperson, while also licensed and involved in transactions, typically works under the supervision of a broker and cannot operate independently. Their role may involve showing properties, preparing listings, and assisting clients, but they must defer to the broker for certain key responsibilities, such as holding escrow funds or closing deals.

A real estate manager focuses on the administration and upkeep of properties rather than the buying and selling process. Meanwhile, a real estate developer engages in the construction and improvement of properties, which involves planning and investment rather than direct facilitation of transactions. Each of these roles is integral to the real estate market, but the broker is specifically celebrated for facilitating the complete process of buying and selling properties.