Broker of Record


Also found in: Acronyms.

Broker of Record

An insurance agent who manages a policy for a client. The agent of record gives all quotes to and receives questions from the client. He/she receives a commission or other compensation for these services.
References in periodicals archive ?
As soon as the employer has another need that becomes more critical, or once someone else creates a superior solution to that single need, that employer will once again be assigning a broker of record letter.
8220;While the legal responsibility of course still rests with the individual Broker of Record, we make it as easy as possible for our clients every step of the way.
a licensed insurance producer, will act as the broker of record for all insurance products offered on the new AGC private exchange.
On the local level, Bill is the Broker of Record and Manager of the Southern Delaware Sperry Van Ness office in Lewes, DE, which is part of the larger Sperry Van Ness-Miller Commercial Real Estate company out of Salisbury, MD.
Jacob Gehl and Ben Firestone of Marcus & Millichap's Chicago office has been hired and are working in cooperation with Ron Teves Marcus & Millichap's Hawaii Broker of Record.
We've seen increasingly high demand for ground-floor retail space at The Siena, located just steps from Bloomfield Avenue," said Suzanne Kiall Benedetto, broker of record for Pinnacle Companies Realty Group.
Luigi Rosabianca, WIRE International Realty's broker of record in New York, believes the legal hurdle isn't necessarily a bad thing.
Under this measure, a broker of record would be permitted to appoint an eligible real estate broker or salesperson to supervise branch office operations, provided that a contract detailing the duties and responsibilities to be performed by the office manager is in writing and DRE is notified.
Sam Hanna, vice president investments in Marcus & Millichap s San Diego office and Anne Williams, senior associate in the firm s Memphis office and Marcus & Millichap s broker of record in Tennessee, arranged the sale between the seller and the buyer; the buyer is a public real estate investment trust.
Parker, first vice president in Marcus & Millichap's Manhattan office, is the firm's broker of record in the state of New York.
Michael Hoffman, Marcus & Millichap's broker of record for the State of Colorado was also involved in the sale.
Louis office and the firm s broker of record in Missouri.