Representation Real Estate Transaction Broker Explained

Описание: A transaction broker is a licensed real estate agent who is a neutral third party in a transaction. He or she provides services to facilitate a transaction, but does not act on behalf of any particular client.

Often times buyers contact me directly for assistance because they prefer dealing directly with the listing agent. I use the transaction broker listing agreement which discloses to the seller, buyers may choose to have me show the property and assist with facilitating the sale.

As a transaction broker my primary job is to assist with tasks to complete a sale. However, I am not expected to provide representation and refrain from offering either client any advice on the sale or otherwise influencing the transaction. Some common tasks transaction I perform include:
Providing buyer RPR Property Value Report
Preparing offer letters and sales contracts
Handling communications between the buyer and seller
Assisting with the closing

Keep in mind that a transaction broker is not the same thing as a dual agent. A dual agent represents both the buyer and seller, which is illegal in Florida.

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