Wednesday, January 5, 2011

Brokerage



Brokerage is also a kind of business services provided by professional brokers in various fields and sectors. The most common and general examples of brokers include discount brokers, real estate brokers and agents, mortgage brokers and insurance brokers. Providing the brokerage and brokerage related services, all brokerage firms are, in actual fact, financial institutions that operate and perform like stock brokers. There are many types of brokerage firms and brokers operating all over the world. The examples of these brokers include aircraft broker, broker-dealer, business broker, commodity broker, customs broker, information broker, insurance broker, investment broker, joint venture broker, leasing broker, list broker, marriage broker, mortgage broker, options broker, power broker, prime broker, real estate broker, retail broker, ship broker, sponsorship broker and stock broker etc. There are many brokerage houses operating in the business sector. They buy and sell shares and get their commissions accordingly. These brokerage firms maintain the portfolios of their clients that maximize their profits and strengthen their existing portfolios as well. All brokerage firms also work like pure consultants. These brokerage firms know the business forecast better than other business sectors that’s why brokerage firms and brokerage agencies are more reliable and trustable than any other service providers.

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