Answer:
The correct answer is D) Transaction broker.
Step-by-step explanation:
A transaction brokerage provides third-party real estate services for both buyers and sellers. A real estate agent is required, by law, to legally assist only one of the parties in a real estate transaction. This is also called a single agency. However, a transaction intermediary is legally neutral and can help the buyer and seller in a transaction. Instead of acting as an agent for the buyer or seller, the transaction broker can be described as a professional assistant. Instead of a percentage of the sale, the intermediary of the transaction often charges a fixed fee.
A transaction broker can assist the buyer in preparing his offer for purchase, assist the seller in deciding what price to ask, facilitate communications between buyer and seller, write the contract and help buyer and seller to comply with the conditions of the contract and facilitate closing. Although they are not legally responsible to the buyer or seller, transaction brokers are required by law to act honestly and impartially in all transactions and to give due care and skill in their work.