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Transaction broker relationship

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FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Authorized Relationships, Duties, And Disclosure

Section 17 of 31

A transaction broker falls in between a single agent and no brokerage relationship. A transaction broker assists both parties in completing the deal but does not represent either side. Think of this role like a referee or mediator:They help the process move forwardThey keep things organized and fairThey facilitate communication and paperworkThey remain neutral and do not take sidesSo, while one role is about advocacy and another is about minimal interaction, the transaction broker is about facilitating the transaction itself—making sure it gets done smoothly without favoring one party over the other. This is the most common relationship in Florida real estate. In fact, Florida law makes this the "Presumption." That means if you meet a client and don't sign any specific disclosures stating otherwise, the law automatically assumes you are acting as a Transaction Broker. It is the default setting for all licensees to ensure deals move smoothly without the heavy legal burdens of being a fiduciary.
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