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In Maryland, is transactional brokerage, where no one is represented, permitted or recognized by law?

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Final answer:

Transactional brokerage, where no one is represented, is permitted and recognized by law in Maryland.

Step-by-step explanation:

Transactional brokerage, where no one is represented, is permitted and recognized by law in Maryland.

In transactional brokerage, the real estate agent acts as a neutral party and does not represent either the buyer or the seller. Instead, the agent facilitates the transaction and helps with paperwork and other administrative tasks.

Transactional brokerage can be a suitable option when both parties are experienced and knowledgeable about real estate transactions and prefer to handle negotiations and other matters themselves.

User Joe Warner
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