Where this fits on the exam
| Official syllabus topic | Real Estate Practice in Georgia: Listings and Agency; Real Estate Practice |
|---|---|
| Official PSI group | Real Estate Practice in Georgia |
| Published group count | 21 of the 52 Georgia questions |
| Exam portion | Georgia salesperson supplement |
| Source edition | PSI Georgia Candidate Information Bulletin dated July 1, 2026 |
The Rule
PSI publishes 16, 21, and 15 items for the three Georgia groups. It does not publish a guaranteed subtopic count. The statute, current GREC rule, contract, or other cited primary authority controls each lesson.
The lesson
Transaction broker
The transaction broker has no client in the transaction but still must timely account for money and property, disclose actually known adverse material facts, and assist honestly under the statute.
Ministerial acts
Examples include factual property identification, statistics, forms, scribing party instructions, locating professionals, and reporting service providers.
Judgment boundary
Recommending price, selecting a protective contingency, interpreting legal effect, or advising negotiation strategy requires judgment and is not merely ministerial.
False information
A transaction broker or licensee must not knowingly provide false information. Source attribution matters when passing along third-party information.
Decision rule
Georgia rule and national contrast
Worked Georgia example
Scenario. A transaction broker gives both parties a blank inspection amendment and types the language they dictate, then one asks which repair demand will create more leverage.
Reason it through. Supplying the form and acting as a scribe can be ministerial. Recommending leverage is strategic judgment and advocacy.
Answer. The broker may record the parties' choices but should not recommend the negotiating demand as a transaction broker.
Common exam traps
- Saying Georgia has no transaction brokers
- Calling all assistance agency
- Treating advice as ministerial
- Ignoring required accounting and adverse-fact disclosure
Original practice questions with detailed explanations
These are original instructional questions mapped to the July 1, 2026 PSI outline. They are not copied from PSI or a live examination. Choose an answer before opening the explanation.
Question 1A transaction broker gives both parties a blank inspection amendment and types the terms they dictate. One party then asks which repair demand would create the most leverage. What should the broker do?
- A. Recommend the strongest demand, since that is ministerial help.
- B. Recommend a demand, but only if both parties agree to it.
- C. Stop helping, since the form has already been provided.
- D. Keep recording their choices without advising on strategy.
Show answer and explanation →
Answer: D. Keep recording their choices without advising on strategy.
Supplying forms and writing down what the parties dictate are ministerial acts. Advising on negotiating leverage takes judgment and advocacy, which a transaction broker with no client does not provide. The first choice is the trap, because helpful is not the same as ministerial.
- A. Incorrect. Negotiating leverage calls for strategic judgment, not neutral form assistance.
- B. Incorrect. Both parties' agreement does not turn advocacy into a ministerial act.
- C. Incorrect. The broker may continue appropriate neutral recording and form assistance.
- D. Correct. Recording dictated choices remains ministerial; choosing a strategy for a party does not.
Question 2Which statement describes a transaction broker under Georgia law?
- A. A broker with no client in the deal who has only statutory duties
- B. A broker who represents both parties with their written consent
- C. A label Georgia dropped when it adopted the BRRETA statute
- D. A broker who represents one party through a designated licensee
Show answer and explanation →
Answer: A. A broker with no client in the deal who has only statutory duties
BRRETA recognizes the transaction broker as a broker who has no client relationship with any party in the transaction and performs only the duties the statute lists. Representing both parties with written consent is dual agency, a different role. The third choice repeats older prep material that wrongly says Georgia has no transaction brokers.
- A. Correct. A Georgia transaction broker has no client in the deal and performs the specified statutory duties.
- B. Incorrect. Representation of both parties with the required consent describes dual agency.
- C. Incorrect. BRRETA expressly recognizes transaction brokers; the role was not abolished.
- D. Incorrect. Representation through a designated licensee still creates a client relationship.
Question 3A transaction broker actually knows a house has a hidden roof leak that a reasonable inspection would not find. What does BRRETA require?
- A. Nothing, since the broker has no client in the deal.
- B. Disclosure only if the buyer signs a buyer engagement.
- C. Disclosure of the known adverse material fact.
- D. A referral to an inspector, with no disclosure.
Show answer and explanation →
Answer: C. Disclosure of the known adverse material fact.
A transaction broker has no client but still must disclose actually known adverse material facts, account for money and property, and avoid knowingly giving false information. The broker knows about the leak, so it must be disclosed. The no-client answer looks plausible, but the statute keeps these duties for transaction brokers.
- A. Incorrect. The absence of a client does not remove the transaction broker's disclosure duties.
- B. Incorrect. The duty exists for the transaction broker without requiring a new buyer engagement.
- C. Correct. The actually known hidden adverse material fact must be disclosed.
- D. Incorrect. An inspection referral does not substitute for disclosing the known concealed leak.
Ready to move on?
You are ready for the next lesson when all of these are true.
- Identify a transaction broker by the absence of a client engagement in the transaction.
- Separate factual help and scribing instructions from pricing advice or negotiation strategy.
- Explain why a transaction broker still owes honest dealing, accounting, and required disclosures.
- Answer the practice questions without looking back, then explain why the other choices fail.
- Explain the worked example in your own words and identify the fact that decides the answer.
- Retest this topic on another day in a mixed question set.
Recommended next lesson
Continue with BRRETA Confidentiality, Actual Knowledge, and Company Policy. The confidentiality lesson sharpens the knowledge side of these duties: which facts a client can protect by express request, which adverse facts must still be disclosed, and whose knowledge BRRETA counts.
Return to the Real Estate Practice in Georgia hub for the complete official branch and the full lesson list for this Georgia group.