Business Life is easier when there is a Broker August 14, 2017/ By:Ronald Turner/ No Comments A broker is an individual or a group of individuals who acts as a third person facilitator between a buyer and a seller. The main responsibility of a broker is to carry out the transactions between the buyer and the seller, crack the deal at conditions suitable to both and charge a commission for this service. In a lot of industries in Sweden this service is carried out. Brokers are usually known as mäklare in Sweden. Types of broker: The types of mäklare required and available for the industries of Sweden are as follows: Broker-dealer Commodity broker Real estate broker Cargo broker Investment broker Insurance broker List broker Intellectual property broker Information broker Marriage broker Customs broker Options broker Pawn broker Joint venture broker Office broker Sponsorship broker Serviced office broker Yacht broker Share broker Prime broker Power broker Stock broker Mortgage broker Business broker Requirements of a broker In Sweden mäklare are required because otherwise the sellers in order to sell their products had to advertise it in either radio, newspaper, magazines or carry out door to door selling. Which often proved very expensive the profit margin lowered. Whereas hiring a broker proved more efficient and from then onwards the demand for brokers aroused. Advantages There a various advantages and reasons why you actually need to hire a mäklare. They ae as follows: At many case if you hire a mäklare the deal becomes cheaper. Like in case of small markets, small accounts with a limited number of products. The brokers understand the market way better than you. They can take you to a large base of sellers and give you a wide variety of choices. If you are new in the market then you might hardly know about the sellers and get limited choice and eventually be a looser. The advantage to the seller is that they have access to very few customers and thus they cannot expand their business. But brokers might bring many new customers and you can expand the business easily. The brokers also help to negotiate the deal between the buyer and the seller. They speak for both and help them to a reach a decision to which both the buyer and seller agrees. There might be many buyers as well as sellers in the market who are cheaters. The brokers are very well aware of them and would not take you to them. Things to keep in mind Before hiring a broker please keep in mind that they might be cheaters too. Always check whether the deal they are providing is suitable to you or not, if they are over charging or not. At many case the commission they charge is more then talk with some other brokers and only if you are satisfied then crack the deal. Also have a look if they have a proper license to carry out the business if not it is better to avoid them.