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Stan has agreed to be a facilitator to assist both the buyer and seller with various paperwork in the sale of a property. Being that he does not represent either party, he is a

A. General broker
B. Universal Agent
C. Selling Agent
D. Transactional broker

1 Answer

5 votes

Final answer:

Stan is acting as a Transactional broker, whose role is to facilitate the real estate transaction by handling paperwork without representing the buyer or seller.

Step-by-step explanation:

Stan is acting as a facilitator to assist both the buyer and seller with paperwork in the sale of a property. Since he does not represent either party, he can be considered a transactional broker. Transactional brokers do not have a fiduciary duty to either party and primarily focus on facilitating the transaction process.

Stan has agreed to assist both the buyer and seller with various paperwork in the sale of a property without representing either party. In this context, Stan is best described as a Transactional broker. A Transactional broker is someone who facilitates a real estate transaction without representing either side as an agent, providing limited services to help both parties complete the transaction.

Unlike a general broker or a universal agent, who would represent the interests of one party, or a selling agent who represents the seller, Stan's role is to ensure the paperwork and formalities are handled correctly without offering guidance or advocacy on behalf of the buyer or seller.

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