Which type of broker business specializes in selling or leasing income-producing properties such as malls and restaurants?

Study for the Florida Real Estate License Renewal Test. Prepare with detailed scenarios and multiple choice questions offering explanations. Boost your confidence and ace the exam!

The correct answer is commercial brokerage, which focuses specifically on the sale or lease of income-producing properties. This category includes a wide range of properties such as office buildings, shopping malls, restaurants, and other facilities that generate revenue. Commercial brokers have specialized knowledge about market analysis, property valuation, and investment potential, which is crucial for clients looking to buy or lease properties that will provide a financial return.

Commercial brokerage stands apart from other types due to its emphasis on properties that are not primarily residential in nature. For instance, residential brokerage deals with homes and apartments for individuals or families, while industrial brokerage pertains to properties like warehouses and manufacturing facilities. Retail brokerage, although it sounds related, specifically targets retail spaces, which can be a subset of commercial properties. However, the broader scope and implications of commercial brokerage encompass all types of income-generating real estate, making it the most accurate choice for the question asked.

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