Seller’s Agent
Buyer’s Agent
Know Your Representation Transaction Broker
Customer or Client
A Quick Guide To Agency Terms
CUSTOMER A customer is a party to a real estate transaction, buyer or seller, who has chosen not to establish an agency relationship with a brokerage. Any broker working with a customer is acting as a transaction broker with regard to that customer.
• TRANSACTION BROKER A transaction broker does not have any agency relationship with the given party and simply provides customer service to the buyer or seller or both throughout a real estate transaction. A transaction broker neither represents nor advocates for any party that is not a client. A transaction broker’s role is ministerial in nature.
www.C harterO neR ealty.com (844) 526-0002