back
Back to dictionary

Dec 16, 2022

Broker

A real estate broker is a professional who helps clients buy, sell, or lease real estate properties. They are licensed by the state in which they practice and are typically required to have a certain level of education and experience in the field.

Brokers are licensed professionals who act as intermediaries between buyers and sellers of real estate. Brokers can represent either the buyer or the seller in a transaction, they can also act as dual agents and represent both parties.

Brokers are responsible for a wide range of tasks throughout the buying and selling process. They help buyers and sellers to negotiate the terms of a sale, conduct market research to determine the price for a property, and facilitate communication between all parties involved in the transaction. They also handle legal and financial documents, ensuring that all aspects of the transaction are completed per local, state, and federal regulations.

Brokers help their clients navigate the complex process of buying or selling real estate. They conduct market research to determine the property price, create marketing materials to attract potential buyers or sellers, and negotiate with other parties to ensure that all aspects of the transaction are to the satisfaction of their client.

In addition to these duties, brokers also handle a wide range of administrative tasks, including preparing legal documents such as purchase agreements, contracts, and leases, and managing financial aspects of the transaction, such as deposits, escrow accounts, and closing costs.

To become a licensed broker, individuals must complete a set number of hours of pre-licensing education, pass a licensing exam, and meet other eligibility requirements established by their state's real estate commission. Once licensed, brokers are required to complete continuing education courses to maintain their license and stay up-to-date with changes in the industry.

In many cases, brokers work for a brokerage firm or real estate agency. These firms provide support, resources, and infrastructure to help brokers grow their businesses and succeed in the competitive real estate market. However, some brokers choose to work independently or start their brokerage firms.

Brokers play a critical role in the real estate industry, serving as intermediaries between buyers and sellers and helping clients navigate the complex process of buying or selling real estate.

They are responsible for a wide range of tasks throughout the transaction, from conducting market research to negotiating the terms of the sale and preparing legal documents. To become a licensed broker, individuals must meet specific education and eligibility requirements established by their state's real estate commission and must complete continuing education courses to maintain their license. Whether working independently or for a brokerage firm, brokers play a critical role in the real estate industry and are essential to ensuring the success of real estate transactions.

Landa
Scan to
download
App StorePlay Store
  • Medium
  • Reddit
  • Discord
  • Twitter
  • Instagram
  • Facebook
  • LinkedIn

All Rights Reserved © Landa Holdings, Inc

Landa Holdings, Inc. ("Landa Holdings") operates the www.landa.app website (the "Site") and the Landa mobile application (the "App")(collectively, the “Platform”). Landa Holdings manages Landa App LLC, Landa App 2 LLC and Landa App 3 LLC (“Landa Issuers”), and raises funds and facilitates the issuance of shares for the Landa Issuers entities through the Platform pursuant to Regulation A under the Securities Act of 1933 (“Regulation A”).

Neither Landa Holdings nor any of its affiliates are a registered broker-dealer or investment advisor. All securities-related activity for the Landa Entities is conducted through Dalmore Group LLC (“Dalmore”), a registered broker-dealer and member of FINRA/SIPC, You can review Dalmore's brokercheck for Dalmore.

Landa is not a bank. Certain services are offered through Synapse Financial, Inc. and its affiliates (collectively, “Synapse”). Synapse is not a bank and is not affiliated with Landa. Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck.

See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information.

Synapse Brokerage LLC has a direct or indirect business relationship with Program Banks for the placement of deposits in the cash management program. The list can be found in the List of Program Banks.

Further, Landa Management LLC, a wholly-owned subsidiary of Landa Holdings, manages Landa Financing LLC (“Landa Financing”), and raises funds and facilitates the issuance of shares for Landa Financing through the Platform pursuant to Regulation A. All securities-related activity for Landa Financing is conducted through Dalmore Group LLC (“Dalmore”), a registered broker-dealer and member of FINRA/SIPC (for more information on Dalmore, review Dalmore’s brokercheck.

You should speak with your financial advisor, accountant, and/or attorney when evaluating any offering of securities. Neither Landa Holdings, Landa App, nor Dalmore makes any recommendations or provides advice about investments, and no communication, through this website or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Nothing in this material should be construed as investment or tax advice, or a solicitation or offer, or a recommendation to buy or sell any securities. The Site and/or the App may make forward-looking statements. You should not rely on these statements but should carefully evaluate the offering materials in assessing any investment opportunity, including the complete set of risk factors that are provided as part of the offering circular for your consideration.  We urge you to review the applicable offering circular, available here.

All securities offered by the Landa Entities and Landa Financing are deemed “Shares”. Investing in Shares involves risks, and there is always the potential of losing money when you invest in Shares. Past performance is no guarantee of future results. Investments in Shares are speculative and involve substantial risks to consider before investing, outlined in the respective offering materials and including, but not limited to, illiquidity, lack of diversification, and complete loss of capital. An investment in Shares constitutes only an investment in a particular offering and not in Landa Holdings, Landa App, or any of the underlying asset(s). Investors should carefully review the risks located in the respective offering materials for a more comprehensive discussion of risks.

No money or other consideration will be solicited (and if sent, will not be accepted), and no offer to buy Shares of a particular offering can be accepted, and no part of the purchase price can be received until an offering statement filed with the Securities and Exchange Commission (the "SEC") relating to those Shares has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC. An indication of interest involves no obligation or commitment of any kind.

Investment overviews contained on the Platform contain summaries intended for informational purposes only and are not complete. For detailed information, we urge you to refer to the applicable offering circular filed with the SEC. Neither Landa Holdings nor any of its affiliates offers refunds after an investment has been made.

You should speak with your financial advisor, accountant, and/or attorney when evaluating any Shares. None of Landa Holdings or its affiliates, Dalmore makes any recommendations or provides advice about Shares, and no communication, through this website or in any other medium, should be construed as a recommendation or investment advice. Nothing on the Platform should be construed as investment or tax advice, or a solicitation or offer, or a recommendation to buy or sell any securities.The Platform may make forward-looking statements. You should not rely on these statements but should carefully evaluate the offering materials in assessing any investment opportunity, including the complete set of risk factors that are provided as part of the offering circular for your consideration. We urge you to review the applicable offering circular, available here.

All Shares will be issued in electronic form only and will not be listed or quoted on any securities exchange. After a Series’ offering has concluded, we expect that the Public Private Execution Network Alternative Trading System, or PPEX ATS (the “Secondary Trading Platform”), which is registered with the SEC and operated by North Capital Private Securities Corporation (“North Capital”), will be the only venue available for the resale of Shares. Resales of Shares will be conducted by Dalmore, as a broker-dealer member of the Secondary Trading Platform; provided, however, any such resale of Shares will be subject to federal and state securities laws and the restrictions in the Series’ Operating Agreement, and there can be no assurance that an active market for any Shares will develop on the Secondary Trading Platform, that the Secondary Trading Platform will be available to allow resales of Shares to residents of all states, or that the Secondary Trading Platform will be available at all. For these reasons, investors must be prepared to hold their Shares indefinitely.


Disclaimers

Landa Holdings maintains this website for informational purposes only. All offerings of Series’ Shares (and information about each Series and its underlying property) are conducted exclusively on the Landa Mobile App.


All images and figures shown are for illustrative purposes only and are not actual customer or model returns. Landa is not a cryptocurrency app, all monetary values are in U.S dollars and available only to U.S. investors. All Rights Reserved © Landa Holdings, Inc.