Real Estate Exam [National] 56, Transaction Broker Explained
Автор: Open Exam Prep
Загружено: 2026-03-03
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Описание:
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam.
In this episode you will learn:
• The fundamental differences between a non-agent transaction broker and a fiduciary agent.
• Why transaction brokers are considered neutral facilitators rather than advocates for a specific party.
• The essential duties that remain mandatory for non-agents including honesty and material defect disclosure.
• How to distinguish between providing factual information and offering professional advice on the exam.
• Common pitfalls involving the confusion between transaction brokerage and dual agency.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: / @open-exam-prep
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