Question

A couple is interested in purchasing residential investment property, and they have informed their sales associate that they want limited representation but do not want to be legally held responsible for the acts of a licensee. Which brokerage relationship is best suited to this couple?

(A) Transaction broker.
(B) For-sale-by-owner.
(C) Single agency.
(D) No brokerage relationship.

Answer 1

Here the best suited brokerage relationship for the couple would be with transaction broker , because in this type of relationship buyer or seller would not be responsible for the acts of licensee.

Step-by-step explanation:

A transaction broker is that broker who acts as mutual resource in the real estate transactions, as the they don't represent both neither of the party ( buyer and seller ) , but instead they provide all the information and advice to the buyers and sellers. So therefore for the couple wanting to invest in residential property , the transaction broker would be best.