Buyers can choose a home on an NDCC-powered Realtor's site and buy through that agent whether or not the Realtor personally has the property "listed" because of broker reciprocity.
What does BR stand for?
BR stands for Broker Reciprocity (real estate)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of BR
We have 50 other meanings of BR in our Acronym Attic
- Breeder Reactor
- Bridgewire Resistance
- Bridleway (UK planning & zoning)
- Brigade de Recherche (French: Research Brigade)
- Brigate Rosse (Italian Terrorist Group)
- Brindisi, Puglia (Italian province)
- British Rail
- British Railways (company)
- Broad Ripple (Indiana)
Samples in periodicals archive:
While New Jersey has a broker reciprocity agreement with New York, Gurfein noted a recent case in which a mortgage broker stepped into New Jersey to show a property, sued in New Jersey to collect a fee, and was told he was unlicensed and could not collect.