Transaction Broker

Definition:   a broker who provides limited representation to a buyer, a seller, or both in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent

Pronunciation:   \tran-ˈzak-shən\ \ˈbrō-kər\

Used in a Sentence:   A buyer or seller who chooses limited representation is a customer under the transaction broker relationship.

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