Which of the following best describes a transaction broker in Florida?

Which of the following best describes a

Multiple choice — select the best answer

AA broker who provides limited representation to a buyer, seller, or both in a transaction
BA broker who represents only the buyer
CA broker who represents only the seller
DA broker who charges no commission

✓ Correct answer: A. A broker who provides limited representation to a buyer, seller, or both in a transaction A transaction broker provides limited representation and assists the buyer and/or seller in the transaction but does not owe full fiduciary duties. They facilitate the transaction rather than represent one side exclusively.

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Topic: Agency

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