![]() If they are in contract with a seller, they are responsible for guiding the sellers through the entire selling process, making sure the property gets sold. If you are an aspiring transaction broker looking for your first clients, give your career a boost and Claim your free agent profile at Mashvisor.Ī transaction broker can represent either the seller or buyer of a property or both at the same time. Although they are supposed to help with difficult tasks, a real estate transaction agent is not supposed to influence the decision on the sale itself or give advice on anything that directly influences the transaction. ![]() Their main job is to help all parties involved in a real estate transaction ( buyer and seller) with any difficult tasks that may come up. A transaction broker is typically a licensed real estate agent who understands how real estate transactions work. This person can give advice to both the seller and buyer in a real estate transaction and doesn’t represent a single party. ![]() To start, let’s answer the question “what is a transaction broker?” A transaction broker is someone who acts as a mutual resource throughout a real estate transaction. Here is everything you would need to know about partnering with a transaction broker to see if one would fit your needs. Transactions brokers can be much more cost-effective than the traditional real estate agent. Although real estate agents can definitely help, you may also want to consider working with a transaction broker. If you are looking to buy or sell a property, you would typically look to a real estate agent to help you throughout this process.
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