Agency
In Hawaii, a transaction broker (facilitator) represents:
AA. The buyer exclusively
BB. Neither party exclusively; assists both parties without fiduciary duties to either✓ Correct
CC. The seller exclusively
DD. Both parties as a dual agent
Explanation
A transaction broker (or facilitator) assists both parties with the transaction without representing either party exclusively, providing a limited non-fiduciary service.
Related Hawaii Agency Questions
- In Hawaii, which of the following scenarios most clearly represents a conflict of interest for a real estate agent?
- Under Hawaii's agency disclosure requirements, a 'transaction broker' (facilitator) relationship means:
- In Hawaii, what is the term for a licensee who works with a buyer without entering into a formal buyer representation agreement?
- Which fiduciary duty requires an agent to place the client's interests above all others, including the agent's own interests?
- Which Hawaii disclosure form must be provided to consumers at the first substantive contact with a real estate licensee?
- A seller's agent discovers a material defect in the property that the seller has not disclosed. The agent's duty requires them to:
- In Hawaii, a real estate licensee who represents only the buyer in a transaction is known as a:
- Dual agency in Hawaii is BEST described as:
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