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Who is the Principal?

The principal or the client is who hires the real estate brokerage. The broker of the company has a fiduciary relationship with the principal who could be a buyer, a seller, a landlord or a tenant.

Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate:

Red barn on the side of a pond
Red barn on the side of a pond

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The term principal can have different meanings depending on the context. In an educational setting, a principal refers to the head administrator of a school or educational institution.

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