What term refers to a broker who lists and sells properties in addition to performing the brokerage management duties?

The term that accurately describes a broker who both lists and sells properties, in addition to handling management duties, is "managing broker." This individual typically oversees the operations of a real estate brokerage while also actively engaging in the buying and selling process. Managing brokers are responsible for ensuring compliance with real estate laws, supervising sales associates, and maintaining the overall functioning of the brokerage.

In contrast, a sales associate is primarily focused on selling properties and does not typically have the management responsibilities associated with operating a brokerage. A selling broker might refer to a broker who is directly engaged in selling properties but does not encompass the management aspect. The term "broker of record" pertains to a broker who is responsible for a brokerage's operations and compliance but may not necessarily be involved in daily transactions.

Understanding these distinctions is vital for real estate professionals, as they highlight the varied roles within the industry. The managing broker's responsibilities are multi-faceted, making the role distinct and vital for the brokerage's success.