How is Broker A described when working with buyers and sellers without any agency obligations?

Prepare for the VanEd National Real Estate Exam. Study with interactive quizzes and detailed explanations. Get ready to ace your test with confidence!

When Broker A is described as a facilitator in the context of working with buyers and sellers without any agency obligations, it means that their role is to assist in the transaction process without taking on the fiduciary duties that come with agency relationships. A facilitator helps coordinate communication and provide information but does not represent either party in the way an agent would, meaning they are not responsible for acting in the best interest of one side over the other or maintaining confidentiality.

This position is often referred to as a non-agency role, where the facilitator acts more as a neutral party. They help ensure the transaction proceeds smoothly, offering guidance on the process but without the legal responsibilities that come with being an agent, such as loyalty or disclosure duties.

In contrast, roles like a principal agent or dual agent involve a direct agency relationship where one party is represented and has certain obligations toward that party. A representative broker implies a stronger connection and responsibility to advocate for clients, which certainly establishes an agency relationship. Therefore, the correct choice reflects a neutral position where there are no agency obligations.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy