Answered

What is true of the agency relationship in transaction brokerage?

A. Designated agency is created in transaction brokerage.
B. Dual agency is created in transaction brokerage.
C. No agency relationship is created in transaction brokerage.
D. Traditional agency is created in transaction brokerage.



Answer :

GinnyAnswer

Final answer:

Transaction brokerage in real estate involves no agency relationship between the agent and either the buyer or seller.


Explanation:

Transaction brokerage is a real estate agency relationship in which the agent facilitates a transaction between the buyer and seller without entering into an exclusive agency agreement with either party. In transaction brokerage, no agency relationship is created with either the buyer or the seller, and the agent acts as a neutral intermediary.


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