Is a Florida transaction broker the same as a single agent?
Staff Q&A from the 63Hours team.
Ask clear questions about the Florida real estate course and learn from course-specific answers.
Is a Florida transaction broker the same as a single agent?
Staff Q&A from the 63Hours team.
No. A single agent represents a principal in a fiduciary capacity. A transaction broker provides limited representation without that fiduciary role. Florida presumes transaction brokerage unless single agency or no brokerage relationship is established in writing. Compare the duties, not just the labels, when reading a practice scenario.
References
General educational information. Confirm current requirements with the relevant licensing authority.
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Discussion prompt: Which duty in the scenario identifies the relationship?