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Real estate glossaryGeorgia-specific rule

Transaction broker

A transaction broker is a Georgia broker who has no client relationship with any party in the transaction and performs ministerial acts for compensation without representing either side.

Exam area: Real Estate Practice in Georgia

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What does “transaction broker” mean in real estate?

A transaction broker is a Georgia broker who has no client relationship with any party in the transaction and performs ministerial acts for compensation without representing either side.

How is “transaction broker” different from the closest wrong answer?

A transaction broker represents neither party. A listing broker may give ministerial help to an unrepresented buyer, but remains the seller's agent, not a transaction broker in that transaction.

What is the Georgia-specific rule?

BRRETA permits a transaction broker to account for money, disclose specified actually known adverse material facts, and perform ministerial acts without creating agency.

Worked exam example

Scenario

A broker has no client relationship with the buyer or seller and agrees to provide paid clerical assistance. The broker supplies forms and delivers the completed offer, without recommending a price or negotiating strategy to either party.

Which distinction should I watch for?

Trap correction

Helping an unrepresented buyer does not erase an existing seller-client relationship. Check whether the broker represents anyone before choosing transaction broker.

Original exam check

Apply the definition

A Georgia broker has no brokerage engagement with either the buyer or the seller. The broker supplies forms, schedules the inspection, and delivers offers, but advises neither side on price or strategy. What is the broker's role?

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Continue with Real Estate Practice in Georgia complete lesson. It places this term inside the full rule, worked examples, exam traps, and mixed practice required for mastery.