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transaction broker

   Also found in: Acronyms 0.01 sec.
transaction broker

A real estate broker or agent who acts as an intermediary for the exchange of information and negotiations regarding the sale or lease of real estate and who may offer marketing and advertising services, but who does not represent either party in the relationship. Transaction brokerage is allowed only when state legislatures specifically provide for its use.



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In the Real estate business this is called a transaction broker.
Put simply, a web solution consists of four components: the marketing website; the webshop (including both business-to-business and business-to-consumer functions); the transaction broker which establishes the information link between components; and the accounting system.
95 per posting rather than a commission and does not charge any percentage fees or additional transaction brokers fees.
 
 
 
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