What type of relationship can a transaction broker relationship create?

A transaction broker relationship is specifically designed to facilitate a real estate transaction without establishing a fiduciary relationship with either party involved. This means that the transaction broker offers limited services to both the buyer and the seller without fully representing either party's interests. In this type of relationship, the transaction broker acts as a neutral facilitator, assisting both sides in the transaction while maintaining an impartial stance.

The term "non-agency relationship" accurately reflects this arrangement since the broker does not owe the traditional fiduciary duties of loyalty and representation that come with agency relationships. Instead, the transaction broker provides basic services and support while allowing the parties to maintain control over their negotiations and decisions.

Understanding this distinction helps reinforce why a transaction broker is not the same as an exclusive agency relationship or listing agency relationship, as those involve a stronger commitment to represent one party's interests over the other. Similarly, a buyer agency relationship would create a duty of loyalty and advocacy for the buyer, which is not a characteristic of a transaction broker scenario.