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Complete glossary lessonGeorgia-specific rule

Transaction broker

A transaction broker is a Georgia broker who has not entered a client relationship with a party but performs permitted ministerial acts and the statutory duties owed without representing that party as an agent.

Official area

Real Estate Practice in Georgia

Knowledge cluster

Georgia relationships

Learning sequence

Define, distinguish, apply, retrieve

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Exam purpose

Recognize the rule, then reject the nearest look-alike.

Georgia lens

Apply the state distinction only when the facts call for it.

Connected terms

Connected to 4 terms and one official content area.

What does Transaction broker mean in real estate?

A transaction broker is a Georgia broker who has not entered a client relationship with a party but performs permitted ministerial acts and the statutory duties owed without representing that party as an agent.

How is Transaction broker different from the closest exam answer?

A transaction broker facilitates without advocacy. A designated or single agent represents a client and owes representation duties under the engagement and BRRETA.

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

An unrepresented buyer asks the listing brokerage to provide forms and communicate the buyer's written offer, but the brokerage does not advise the buyer on bargaining strategy.

Decision rule

A transaction broker facilitates without advocacy. A designated or single agent represents a client and owes representation duties under the engagement and BRRETA.

What is the most common exam trap?

Trap correction

Neutral assistance is not dual agency. First determine whether the broker ever agreed to represent the customer.

Memory cue: Neutral assistance is not dual agency.

Original exam check

Apply the definition

Which statement correctly explains Transaction broker?

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Related terms to learn next

Ministerial act

A ministerial act is an administrative or clerical service that does not require the licensee to exercise professional judgment or discretion on behalf of a person, so it can be performed without creating a client relationship.

Customer

A customer is a party in a real estate transaction whom a broker does not represent but may assist through ministerial acts.

Client

A client is a person who enters a brokerage engagement with a broker.

Brokerage engagement

A brokerage engagement is a written contract in which a seller, buyer, landlord, or tenant becomes a client of a Georgia broker and the parties state the brokerage services, duties, terms, and compensation arrangement.

Recommended next complete lesson

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.
Previous termBrokerage engagementNext term Ministerial act

Transaction broker quick answers

Facts checked against the current PSI Candidate Information Bulletin and GREC sources. Editorial standards.

What is Transaction broker?

A transaction broker is a Georgia broker who has not entered a client relationship with a party but performs permitted ministerial acts and the statutory duties owed without representing that party as an agent.

What is Transaction broker commonly confused with?

A transaction broker facilitates without advocacy. A designated or single agent represents a client and owes representation duties under the engagement and BRRETA.

How does Georgia treat Transaction broker?

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