Final answer:
An Independent Broker under Colorado Law is authorized to represent buyers and sellers in real estate transactions, hire and supervise real estate agents, and advertise and market properties for sale.
Step-by-step explanation:
An Independent Broker under Colorado Law is authorized to represent buyers and sellers in real estate transactions, hire and supervise real estate agents, and advertise and market properties for sale.
Representing buyers and sellers in real estate transactions involves acting as an intermediary between the two parties and facilitating the buying or selling process. This includes assisting with negotiations, preparing contracts, and ensuring compliance with legal requirements.
Hiring and supervising real estate agents involves recruiting and overseeing the work of other real estate professionals. This may include training, assigning duties, and providing guidance to ensure that agents adhere to ethical and legal standards.
Advertising and marketing properties for sale involves promoting available properties through various channels such as online listings, advertisements, and open houses. This helps attract potential buyers and increase the visibility of the properties in the market.