Maybe it's just semantics, maybe not. My Webster's Unabridged says: stakeholder - n. the holder of the stakes of a wager That's not what any of us means, so I guess we would have to agree on what we mean to debate effectively about it. I'll start; what I mean... stakeholder - anyone who stands to gain, or lose said gain, depending on an outcome (i.e. to have a "stake" in the outcome) The realtors and mortgage people each stand to make thousands if the deal works, nothing if it doesn't. To my mind and by my personal definition, they are stakeholders. It would be a mistake, in my opinion, to think of most of these as employees, even in the strictest sense. Almost everyone listed there has a fuduciary relationship with either the buyer, seller, or both, under law. That means they are our clients (not our customers), and we have a much greater legal obligation to them than an employee or subcontractor would. Brian G.