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Real estate glossaryGeorgia-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.

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 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 wrong 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.

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.

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.