Agency
A real estate agent who represents neither the buyer nor the seller, but assists both parties with a transaction, is called a:
ASubagent
BFacilitator (transaction broker)✓ Correct
CDual agent
DDesignated agent
Explanation
A facilitator (or transaction broker) assists both parties in completing a transaction without representing either side as an agent. They owe limited duties of honesty and fairness but do not owe full fiduciary duties to either party.
Related Alabama Agency Questions
- A seller's broker who discovers that the buyer their seller is under contract with is the broker's own relative should:
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- What is the primary purpose of an exclusive buyer agency agreement in Alabama?
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